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...

80.2K

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 follow: of Services Used b Direct Costs Maintenance Cafeteria Machining Assembly $115,000 84,000 50,000 35,000 0.4 0.1 0.4 0.2 Maintenance Cafeteria 0.2 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 Maintenance Cafeteria Machining Assembly Service department costs Cafeteria Total Costs 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.) From Cafeteria Maintenance Machining Assembly Service department costs Cafeteria Total 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