Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. mack preclsion tool and die has two production dep

Mack Preclsion Tool and Die has two production departments, Fabrlcating and Flnishing, and Repalr and...

80.2K

Verified Solution

Question

Accounting

Mack Preclsion Tool and Die has two production departments, Fabrlcating and Flnishing, and Repalr and Quality Control. Dlrect costs for each department and the proportlon of service costs used by the varlous departments for the month of March follow:
\table[[,,Proportion of Services Used by,],[Department,Direct Costs,Repaix,Quality,Control,Fabricating Finiahing],[Fabricating,154,600,,,,],[Finishing,110,200,0,0.2,0.5,0.3],[Repair,47,400,0,0.1,0.1,],[Quality control,88,600,0.8,0,,]]
Exercise 11-26(Algo) Allocating Service Department Costs First to Production Departments and Then to Jobs (LO 11-1)
Assume that both Fabrlcating and Finishing work on Just two Jobs during the month of March: MP-47 and MP-48. Costs are allocated to Jobs based on labor-hours in Fabrlcating and machine-hours in Finlshing. The number of labor-hours and machine-hours worked In each department are as follows:
\table[[,Fabricating,Finishing],[Job MP-47:
image

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