Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. bens corporation has three service departments (re

Bens Corporation has three service departments (Repairs, HR, and IT) and two production departments (M1...

90.2K

Verified Solution

Question

Accounting

Bens Corporation has three service departments (Repairs, HR, and IT) and two production departments (M1 and M2). The following usage data for each of the service departments for the previous period follow.

Repairs

HR

IT

M1

M2

Repairs

0

%

0

%

40

%

60

%

HR

10

%

20

%

35

%

35

%

IT

0

%

10

%

20

%

70

%

The direct costs of the service departments in the previous period were $64,000 for Repairs, $83,600 for HR, and $144,000 for IT.

Required:

Use the direct method to allocate the service department costs to the production departments. (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations.)

repairs

hr

it

m1

m2

service dept cost

64000

83600

144000

0

0

repairs allocation

-64000

0

0

25600

38400

hr allocation

it allocation

-144000

total cost allocated

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Accounting
1.2K views

Eastwind Corp. had $1,000,000 net income in 2015. On January 1,2015 there were 200,000...

Mechanical Engineering
1.2K views

What is the typical impact energy value of the material for 3 different heat treatments (any)....

Basic Math
1.2K views

In a study relating consumption expenditure (Y) on income (X2) and wealth (X3) based on 10...

Biology
1.2K views

The digestion of wood by termites is done by flagellated protozoans found in their intestines...

Basic Math
1.2K views

A math class has 7 girls and 1 boy in the seventh grade and 2...

Algebra
1.2K views

37 Construction The roof of a house is to extend up 13 5 feet above...

Accounting
1.2K views

(Please show work, thank you!) Natcher Corporation's accounts receivable at the end of Year 2...

Accounting
1.2K views

Erie Company manufactures an MP3 player called the Jogging Mate. The company uses standards to...

Accounting
1.2K views

Required information [The following information applies to the questions displayed below.] CompuWorld sells two products,...

Accounting
1.2K views

1. Sashay enterprises Ltd., has provided you with the following information for the period ending...

Finance
1.2K views

You are attempting to determine whether the US/Japan financial conditions are at parity. The following...

Finance
1.2K views

Question 11 Hoover Clinic's actual information for 2019 is listed below 100,000 visits 40% 60%...