Peterson uses the direct method of cost allocation and

Assignment Help Accounting Basics
Reference no: EM13484411

Peterson Company has two service departments (Cafeteria and Human Resources) and two production departments (Machining and Assembly). The number of employees in each department follows.

Cafeteria               40

Human Resources 60

Machining              200

Assembly               300

Peterson uses the direct method of cost allocation and allocates cost on the basis of employees. If Human Resources cost amounts to $1,800,000, how much of the department's cost would be allocated to Machining?

Reference no: EM13484411

Questions Cloud

The theisman company and its sole shareholder john theisman : the theisman company and its sole shareholder john theisman each have a net capital gain of 100000. john theisman is in
Calculating float in a typical month the timemons : calculating float in a typical month the timemons corporation receives 90 checks totaling 135000. these are delayed
Sauders uses the step-down method of cost allocation and : sauders company has two service departments cafeteria and human resources and two production departments machining and
Cash management versus liquidity management what is the : cash management versus liquidity management what is the difference between cash management and liquidity
Peterson uses the direct method of cost allocation and : peterson company has two service departments cafeteria and human resources and two production departments machining and
Assume the credit terms offered to your firm by your : assume the credit terms offered to your firm by your suppliers are 35 net 30. calculate the cost of the trade credit
Assume that the kenneth parks company anticipates that : assume that the kenneth parks company anticipates that corporate tax rates will decline in future years and therefore
Martinez inc has tow separate departments human resources : martinez inc. has tow separate departments human resources and building maintenance and two production departments
The kenneth parks companys taxable income and tax : the kenneth parks companys taxable income and tax paymentsliability for the years 2003 through 2008 are given

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