please show all work on paper or writen out if possible! ...

90.2K

Verified Solution

Question

Accounting

please show all work on paper or writen out if possible! image
image
11. ( 8 points) Martinez Company has two support departments: Human Resources and Maintenance and two operating divisions, Consulting and Training. Data for the current year are as follows: Human Resources costs equal $200,000 and are allocated based on the number of employees. The Maintenance Department costs equal $160,000 and are allocated based on maintenance hours. Using the step-down method, what are the support department costs allocated to the operating departments Consulting and Training respectively, allocating the Maintenance department first? a. $150,444;$209,556 b. $139,772;$220,228 c. $133,865;$226,135 d. $200,000;$160,000 Independent of your answers above, calculate each support department's percentage of services rendered to each other. Which support department ranks first to be allocated when using the stepdown method? a. Human Resources, 5.88% b. Human Resources, 25.00% c. Maintenance 23.53% d. Maintenance, 11.11%

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