How much each division be allocated for computer technology

Assignment Help Accounting Basics
Reference no: EM132717754

Problem - The centralized computer technology department of Hardy Company has expenses of $320,000. The department has provided a total of 4,000 hours of service for the period. The Retail Division has used 2,750 hours of computer technology service during the period, and the Commercial Division has used 1,250 hours of computer technology service. How much should each division be allocated for computer technology department services?

Reference no: EM132717754

Questions Cloud

Value in nature and the nature of value : Summarize this paragraph main points. Formulate two questions to go with your answer.
What is the nexus of contracts view of the firm : What is the nexus of contracts view of the firm? How does this view help us understand the behaviours of people in firms? Why, under this view.
What is the residual income for the division : The Commercial Division of Galena Company has operating income of $12,680,000 and assets of $74,500,000. What is the residual income for the division
What portion should be shown as a current liability : Find What portion of the P300,000 should be shown as a current liability in Taylor's December 31, 2007 balance sheet? Taylor Co. leased a building to Swift Corp
How much each division be allocated for computer technology : The centralized computer technology department of Hardy Company has expenses of $320,000. How much each division be allocated for computer technology
Discuss the concept of using budgets for variance analysis : The following are concepts you should consider for discussion: Discuss the concept of using budgets for variance analysis and strategy.
Difference between positive and negative freedom : What is the difference between positive and negative freedom?
Find what acquisition cost of the machinery was : What acquisition cost of the machinery was? The depreciation applicable to this machinery was P65,000 for 2018, computed by the sum-of-the-years'-digits method.
Determine the amount that the south region costs : The North Region's costs were over budget by $45,000. Determine the amount that the South Region's costs were over or under budget

Reviews

Write a Review

Accounting Basics Questions & Answers

  Calculate kibble company break-even sales in units

Kibble Company had the following functional income statement for the month of July 2011: Calculate Kibble Company's break-even sales in units

  Cardinal corporation have in the assets

What basis will Cardinal Corporation have in the assets acquired from Finch Corporation?

  Determine a plant assets cost

Recognizes revenues when cash is received and recognizes expenses when cash is paid out.A plant asset's cost less its accumulated depreciation.

  Find the adjusted cost of goods sold

Materials-all direct $70,000 Work-in-process 41,000 Finished goods 26,000. Find the adjusted cost of goods sold, after under or overapplied overhead

  Pass the necessary entries on june

On 1 July 2016 Liala Ltd sold an item, Pass the necessary entries on 30 June 2017 and 30 June 2018 to eliminate the intra-group transfer of equipment.

  Calculate the diluted earnings per share

At December 31, 2013, Foxhound Ltd. had 500,000 common shares outstanding. Calculate the diluted earnings per share for 2014

  Prepare four basic financial statements

Review the financials and the notes to the statements. Briefly report to the class what you found interesting.

  What should be the amount of the child tax credit

Rowena, a single taxpayer, received $151,000 in salary, $18,000 in income from an S corporation in which she did not materially participate

  Prepare the december 31, 2014 adjusting entries

Journalize the transactions described as (1) through (3). Include the date - Prepare any adjusting entries required at April 30 and Prepare the December 31, 2014 adjusting entries required for these items.

  How much will gross dollar revenues have to rise to offset

If Apache's gross margin is 40%, by how much will gross dollar revenues have to rise to offset the loss from discounts? In percent?

  Compute the absorption costing unit product cost

Ragins Corporation produces a single product and has the following cost structure.

  What was ecuyers free cash flow

During 2014, Ecuyer industries reported cash provided by operations $397,000,000. Cash used in investing 343,000,000.

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