Reference no: EM132954764
The owner of Hi-Tech Fiberglass Fabricators Inc. is interested in using the reciprocal allocation method. The following data from operations were collected for analysis.
Budgeted manufacturing overhead costs:
Plant Maintenance PM (Support Dept.) $350,000
Data Processing DP (Support Dept.) $75,000
Machining M (Operating Dept.) $225,000
Capping C (Operating Dept.) $125,000
Service furnished:
By Plant Maintenance (budgeted labour hours)
Data Processing 3,500
Machining 5,000
Capping 8,200
By Data Processing (budgeted computer time)
Plant Maintenance 600
Machining 3,500
Capping 600
Problem 1: Which of the following linear equations best represents the reciprocated cost of the Data Processing department?
a. DP = $75,000 + (600/4,700)PM
b. DP = $75,000 + (3,500/16,700)PM
c. DP = $75,000 × (600/4,800) + $350,000 × (3,340/16,700)
d. PM = $350,000 + (600/16,700)DP
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