Solution-Determine the total overhead costs allocated

Determine the total overhead costs allocated

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Reference no: EM133027628

Question - Tylor Company has two service departments and two production departments. Information on annual manufacturing overhead costs and cost drivers? follows:

	Service departments		Production departments
Item	S1	S2	P1	P2
Overhead costs	30000	45000	110000	210000
Direct labor hours	1200	2000	500	2500
Number of square feet	600	1300	2800	4200

The company allocates service department costs using the sequential method.? First, S1 costs are allocated on the basis of direct labor hours.? Next, S2 costs are allocated on the basis of square footage. The square footage for S1 is assumed to be zero for this purpose.

Required - Determine the total overhead costs allocated to each of the two production departments.

Reference no: EM133027628

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Determine the total overhead costs allocated

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Reference no: EM133027628

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