What amount of personnel costs allocated to assembly will be

Assignment Help Financial Accounting
Reference no: EM132520288

Question 1: Ellis Manufacturing Company has two production departments, Assembly and Packaging, and two service departments, maintenance and personnel. Maintenance costs for the period total $20,000 and personnel costs total $9,000. All service department costs are allocated based on number of employees. Assembly has 1,000 employees, Packaging has 1,500 employees, maintenance has 100 employees, and personnel has 80 employees. The amount of personnel costs allocated to Assembly using the direct method will be:

Option a. $3,600.

Option b. $3,358.

Option c. $3,462.

Reference no: EM132520288

Questions Cloud

Consider using project portfolio management : What is that project? Provide complete description. Consider using Project portfolio management. What constraints did you experience and how did you handle them
Compute the direct materials price and efficiency variances : Compute the direct manufacturing labour rate and efficiency variances for the quarter. Compute the direct materials price and efficiency variances
Heartbeats per minute decreases with size : If mammal lifespan increases with body size with a scaling coefficient, b =0.2, whose magnitude approximately matches the b value for the rate at which heartbea
Balanced scorecard : Discuss how you will use Balanced Scorecard to manage IT resources efficiently.
What amount of personnel costs allocated to assembly will be : What The amount of personnel costs allocated to Assembly using the direct method will be? Ellis Manufacturing Company has two production departments
Explain where in the cell cycle do genetic mutations : Explain Where in the cell cycle do genetic mutations often occur, and what specific process is occurring during that phase that could lead to mistakes?
Reproducing animals to contain a haploid number : Why is it necessary for the male and female gametes of sexually reproducing animals to contain a haploid number of chromosomes?
Assess validity of dunnings eclectic paradigm : Critically assess the validity of Dunnings "Eclectic Paradigm" as an explanation as to why companies choose to undertake Foreign Direct Investment
What would be flexible budget amounts at an activity level : What would be the flexible budget amounts at an activity level of 12,000 machine hours if indirect material is a variable cost and factory rent a fixed cost?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Journalize the closing entries at april 30

Journalize the closing entries at April 30 and Post the closing entries to Income Summary and Retained Earnings. Use T accounts.

  Income statement using the contribution format

Understand how fixed and variable costs behave and how to use them to predict costs, analyze a mixed cost using the high-low method and prepare an income statement using the contribution format.

  Determine present value of tax shield effect of depreciation

Determine the present value of the tax shield effect of depreciation for year 1 and the present value of the after-tax cash flows for the next four years attributable to the cash operating savings.

  What is the amount of prepaid insurance

How much of the premium should be reported as expense on the 2009 income statement and what is the amount of prepaid insurance which should be reported on the balance sheet at December 31, 2009?

  What is the outcome of your assessment

The firm has some inventory worth $6,900 today. Assuming that these are all the firm's assets, what is the outcome of your assessment?

  Calculate taxable income for the year

Fillon operates manufacturing facilities in states A and B. Fillon has nexus with both states; apportionment factors are .70 for A and .30 for B. Taxable income for the year totaled $150,000, with a $200,000 A profit and a $50,000 B loss. Calculate t..

  About the federal income tax return

Please complete the 2015 federal income tax return for Joseph and Diana Cohen. Ignore the requirement to attach the form(s) W-2 to the front page of the Form 1040. If required information is missing, use reasonable assumptions to fill in the gaps. Pl..

  Calculate the equivalent units for the period

Calculate the Equivalent Units for the Period.The units in BWIP and EWIP are not 100% complete. This step allows BWIP and EWIP to be stated in terms of completed units, which are called equivalent units. This step must be completed before the cost pe..

  Using a computerized accounting system

Where do you see Excel being useful for anyone in the area of business when dealing with accounting, bookkeeping, and financial transactions? In your post, be sure to discuss accountants who are already using a computerized accounting system

  As of this point in time the overhead is over applied

If the Collins Company uses a predetermined overhead rate based on machine hours for applying overhead, as of this point in time (year to date) the overhead is over/under applied by?

  Use the installment sales method of accounting

Prepare summary journal entries for 2011 and 2012 to account for the installment sales and cash collections. The company uses the perpetual inventory system.

  What will be price of the levi-strauss bond in four year

What will be price of the Levi-Strauss bond in 4 years when it matures? Levi Strauss & Company has an outstanding B-rated 30-yr bond that has a coupon rate

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