Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. caro manufacturing has two production departments,

Caro Manufacturing has two production departments, Machining and Assembly, and two service departments, Maintenance and...

90.2K

Verified Solution

Question

Accounting

image

Caro Manufacturing has two production departments, Machining and Assembly, and two service departments, Maintenance and Cafeteria. Direct costs for each department and the proportion of service costs used by the various departments for the month of August folow of Services Used eri Machining Direct Costs Maintenancw Cafet Machining Assembly Maintenance Cafeteria $106,000 69,000 51,000 37,000 0.3 0.2 0.3 0.4 0.7 Required: Use the step method to allocate the service costs, using the following a. The order of allocation starts with Maintenance. (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations.) To From Assembl $ 51,000 (51,000 Service department costs Maintenance Cafeteria Total Costs $ 37,000 15,300 (52,300 20.400 17,433 0 S60,18737,833 15,300 34,867 b. The allocations are made in the reverse order (starting with Cafeteria). (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations.) To From Cafeteria Servica department costs Cafeteria Maintenance Tolal Costs

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