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Problem 1 (10 Points). Chancellor Company is divided into four departments. Departments A and B...

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Accounting

Problem 1 (10 Points).

Chancellor Company is divided into four departments. Departments A and B are service departments and Departments 1 and 2 are operating (production) departments. The services of the two service departments are used by the other departments as follows:

Dept. A

Dept. B

Dept. 1

Dept. 2

Services of:

Department A............

50%

20%

30%

Department B............

40%

60%

Direct costs incurred by each department

$60,000

$50,000

$70,000

$80,000

Complete the following table:

Allocation of Expenses to Departments

Department A

Department B

Department 1

Department 2

Total direct

Department expenses..

$60,000

$50,000

$ 70,000

$ 80,000

Service department expenses

Department A............

Subtotal........................

Department B............

Total.............................

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