Reference no: EM132561286
Fast Inc has two production departments (A and B) and two service departments (maintenance and stores). Details of next year's budgeted overheads are shown below.
Total ($)
Central Heating 19,200
Direct labour 8,000
General Repair costs 9,600
Machinery Depreciation 54,000
Rent and rates 38,400
Canteen 9,000
Machinery insurance 25,000
Direct Material 20,000
Details of each department are as follows.
A B Maintenance Stores Total
Floor area (m2) 6,000 4,000 3,000 2,000 15,000
Machinery book value ($000) 48 20 8 4 80
Number of employees 50 40 20 10 120
Allocated overheads ($000) 15 20 12 5 52
Service departments' services were used as follows.
A B Maintenance Stores Total
Maintenance hours worked 5,000 4,000 ---- 1,000 10,000
Number of stores requisitions 3,000 1,000 ---- ---- 4,000
Required
Question a) Allocate and apportion production overheads costs amongst the four departments using a suitable basis and reapportion the service department cost to production departments and finds the total overheads of production departments.
Question B) In FAST incorporation there are two production departments A and B. Both departments are machine intensive. Department A use 10,000 machine hours and department B uses 12,000 machine hours. Find OAR for department A and B?
|
Discuss about a film in brief
: Choose a film to watch and analyze. You can choose a different movie from the list below to show the hero cycle, but you must get it approved BEFORE completing.
|
|
What is the cost of goods sold for the year ended december
: What is the Cost of Goods Sold for the year ended December 31, 2016? HONDA Inc. is using Just-in-Time Production Systemand Backflush.
|
|
Examples of information system hardware
: What are the five major components that make up an information system? List the three examples of information system hardware?
|
|
What the effect on the gross margin would be
: If Ramon changes its method of accounting for Great sales by showing the net amount as "Other income," the effect on the gross margin would be
|
|
Find oar for department a and b
: Allocate and apportion production overheads costs amongst the four departments using a suitable basis and reapportion the service department cost
|
|
Explain differences between the dental assisting credentials
: Consolidate an expression of your thoughts, opinions, and knowledge reflecting of each objective listed below.(only One posting addressing all three objectives)
|
|
Policy modeling and policy analysis
: We discussed many concepts to help with policy making such as Policy Modeling, Policy Analysis, Systems Modeling, Simulation Models, and Stakeholder Engagement.
|
|
Purpose of including the 2 light setups
: What was the purpose of including the 2 light setups? In snails and elodea experiment
|
|
Calculate the breakeven point and show in the graph
: Calculate the breakeven point and show in the graph clearly the sales: Total revenue line, Total cost. Extradint Company sells its single product
|