Solution-Prepare a schedule showing allocation of service

Prepare a schedule showing allocation of service department

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Reference no: EM13299401

Flinders

Company has two service departments, Factory Administration and Maintenance, and two operating departments. Selected information relating to these departments is given below:

	Service Departments		Operating Departments
	Factory Administration	Maintenance	X	Y
Departmental costs	$ 143,000	$ 69,674	$ 701,000	$ 601,000
Number of employees	4	4	50	50
Total labor hours	4,100	6,100	50,000	60,000

The company allocates service department costs by the step-down method. Factory Administration costs are allocated first on the basis of number of employees, and then Maintenance costs are allocated on the basis of total labor hours.

Required:

Prepare a schedule showing the allocation of service department costs to other departments. (Leave no cells blank - be certain to enter "0" wherever required.

	Service Departments		Operating Departments
	Factory Administration	Maintenance	X	Y
Departmental costs
Allocations:	($)?	($)?	($)?	($)?
Factory Administration:	?	?	?
Maintenance:	?	?	?	?

Total costs after allocations:	($)?	($)?	($)?	($)?

Reference no: EM13299401

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Prepare a schedule showing allocation of service department

Reference no: EM13299401

Reference no: EM13299401

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