Dean corporation has two service departments

Assignment Help Financial Accounting
Reference no: EM13917093

Dean Corporation has two service departments, Power and Maintenance, and two production departments, Painting and Polishing. The following data have been estimated for next year's operations:

Department: Direct Charges Kilowatt Hours Used Square Footage
Power $450,000 20,000 10,000
Maintenance 120,000 50,000 5,000
Painting 235,000 100,000 30,000
Polishing 265,000 150,000 20,000

Distribute the service department costs using the direct distribution method. Prepare journal entries.

 

 

Reference no: EM13917093

Questions Cloud

How is negative news handled in their cultures : How is negative news handled in their cultures? How would typical individuals refuse a request for a favor, for example? How would a business refuse credit to customers? How would an individual be turned down for a job?
Explain by giving examples that served to protect : Explain by giving examples that served to protect the norms of social values in society!
The embodiment of social values : Describe by example that the norm is the embodiment of social values!
Common tactic in financial-incentive political strategy : A common tactic in a financial-incentive political strategy is, Firms that generally act only when forced to do so, and in a defensive manner are considered:
Dean corporation has two service departments : Dean Corporation has two service departments, Power and Maintenance, and two production departments, Painting and Polishing.
Sentences for non-violent drug offenses : The federal government's decision to reduce or eliminate minimum mandatory sentences for non-violent drug offenses. Identify how other policing agencies, courts, and society are affected by the current status of this issue.
While a lot of the sociological theorists : TOPICS - CHOOSE ONE: 1. While a lot of the sociological theorists we have learned about espouse a positivistic view of sociological research, Mannheim was highly critical of positivism. Why? According to Mannheim, what was the task of the sociology o..
What are the four parts of successful persuasive messages : What are the four parts of successful persuasive messages? List six ways to gain attention in a persuasive message. Why is a written favor request or action request often more effective than a face-to-face request?
Amortized with monthly payments : A borrower takes a $300,000 loan with fixed rate of 4% amortized with monthly payments over 30 years. There are prepaid finance charges of 1 point on the loan amount plus $1,500.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Why is use of standard costing important for manufacturing

Why is the use of standard costing important for a manufacturing company? Please provide a detailed empirical example in relation to your answer.

  Should the product be dropped

What would be the effect on the companys overall net operating income if product D84L were dropped? Should the product be dropped?

  Whats is the belita adjusted basis in land

Whats is the Belita's adjusted basis in the land? If Belita sold the land for $90,000 after 2 years, what woudl be her realized and recognized gain or loss?

  Would you buy stock in this company are there questions

would you buy stock in this company? are there questions you would want answered before answering the original

  Brighton inc manufactures kitchen tiles the company

brighton inc. manufactures kitchen tiles. the company recently expanded and the controller believes that it will need

  Calculate the profitability index of the two opportunities

Net present value, profitability index (LO 3) Bill Zimmerman is evaluating two new business opportunities. Each of the opportunities shown below has a ten-year life. Bill uses a 10% discount rate.

  Multiple choice question based on share valuationyou

multiple choice question based on share valuation.you purchased 100 shares of abc common stock on margin at 50 per

  Illustrate what was barbell net cash flow

The statement also shows that the company has depreciation and amortization expenses equal to $50,000 and taxes equal to $120,000. Illustrate what was Barbell’s net cash flow?

  Suppose green has been using the straight-line method

Suppose Green has been using the straight-line method and switches to the sum-of-the-years'-digits method. Ignoring income taxes, what journal entry(s) should Dolley record relating to the machine for 2011?

  Calculate the dollar amount of ending inventory

Calculate the dollar amount of ending inventory shown on ABC's May 31 balance sheet using the FIFO method.

  Aging approach is used to estimate bad debts

Refer to Atlantis Tropicals. If the aging approach is used to estimate bad debts, how much bad debts expense will the company report for 2012?

  Difference between procedural rules and substantive rules

What is the difference between procedural rules and substantive rules? Which are more important for the average person in society to know? Why?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd