Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. please answer question 11-31 only!!!! (lo 11-3

PLEASE ANSWER QUESTION 11-31 ONLY!!!! (LO 11-3) 11-31. Cost Allocation: Step...

60.1K

Verified Solution

Question

Accounting

PLEASE ANSWER QUESTION 11-31 ONLY!!!!

imageimageimage

(LO 11-3) 11-31. Cost Allocation: Step Method Refer to the data for University Printers in Exercise 11-29. Required Allocate the service department costs using the step method, starting with the Maintenance Department. What effect does using this method have on the allocation of costs? 11-29. Cost Allocation: Direct (LO 11-2) Method University Printers has two service departments, Maintenance and Personnel, and two operating departments, Printing and Developing Management has decided to allocate maintenance costs on the basis of machine-hours in each department and personnel costs on the basis of labor-hours worked by the employees in each. The following data appear in the company records for the current period. Maintenance Personnel Printing Developing 1,000 Machine- hours 1,000 3,000 500 Labor- hours 500 2,000 $5,000 $12,000 $15,000 $10,000 Department direct costs Required Use the direct method to allocate these service department costs to the operating departments

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