Maintenance department costs of 320000 are allocated on the

Assignment Help Accounting Basics
Reference no: EM13599518

Maintenance Department costs of $320,000 are allocated on the basis of budgeted maintenance-hours. Personnel Department costs of $80,000 are allocated based on the number of employees. The costs of operating departments A and B are $160,000 and $240,000, respectively. Data on budgeted maintenance-hours and number of employees are as follows:

-------------------------Matince-------personal-----a-------- --b
Budg cost--------------32000--------80000-----160000-----240000
Budg maint hours------- na----------800----------960----------640
Number of employess ---40-----------na-----------160---------480

Using the direct method, what amount of Maintenance Department costs will be allocated to Department B?

Reference no: EM13599518

Questions Cloud

On december 31 2013 prepare the adjusting entry to record : ryder company which began operations in 2011 invests its idle cash in trading securities. the following transactions
The durn company began operations at the beginning of 2010 : the durn company began operations at the beginning of 2010. at the end of 2010 the company reported taxable income of
Specal assessmentdebt may be in economic substance andor : specal assessmentdebt may be in economic substance andor legal form an obligation of the asessed property owners rather
Although many governments prepare budgets for both capital : although many governments prepare budgets for both capital projects and debt service funds the gasb does not mandate
Maintenance department costs of 320000 are allocated on the : maintenance department costs of 320000 are allocated on the basis of budgeted maintenance-hours. personnel department
How would you make a journal entry for aber sold 450000 : how would you make a journal entry for aber sold 450000 cash inventory which cost 250000. aber also collected 27000
In 1997 the erin company had credit sales of 825000 and : in 1997 the erin company had credit sales of 825000 and granted sales discounts of 16500. on december 31 1997 the
Stanco inc is a decentralized organization with five : stanco inc. is a decentralized organization with five divisions. the companys electronics division produces a variety
In 2017 the dh lawrence co had credit sales of 750000 and : in 2017 the d.h. lawrence co. had credit sales of 750000 and granted sales discounts of 15000. on jan. 1 2017 allowance

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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