Question

The following particulars were obtained from the books of a light Engineering Company for the half...

  1. The following particulars were obtained from the books of a light Engineering Company for the half year ended 30th September, 2003.

The expenses for 6 months were:

  1. Indirect material. 5,000
  2. Stores overhead. 4,000
  3. Depreciation. 6,000
  4. Motive power. 1,500
  5. Repairs & Maintenance. 1,500
  6. Electric lighting. 800
  7. General overheads. 10,000
  8. Labour welfare. 3000
  9. Worker's training, 700

Additional information:

Particulars

Production Departments

Service Departments

A

B

C

X

Y

Direct wages

7,000

6,000

5,000

1,000

1,000

Direct materials   

3,000

2,500

2,000

1,500

1,000

Employees

200

150

150

50

50

Electricity

8,000

6,000

6,000

2,000

3,000

Light points

10

15

15

5

5

Assets value

50,000

30,000

20,000

10,000

10,000

Area occupied

800

600

600

200

200

Requirement: Distribute of overhead to production departments and service departments by using suitable bases.

Homework Answers

Answer #1

please like my work. It's appreciate me.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
From the following details calculate Prime cost, Factory cost, cost of production, Cost of Sales and...
From the following details calculate Prime cost, Factory cost, cost of production, Cost of Sales and Profit.                                                                                                                  [Currency in SAR] Direct Material 120,000 Direct wages 40,000 Wages for foreman 5,000 Electric Power 1,000 Lighting: Factory Office 3,000 1,000 Store keeper’s wages 2,000 Oil &Water 1,000 Rent: Factory Office 10,000 2,500 Depreciation: Factory plant Office Premises 1,000 2,500 Consumable stores 5,000 Repairs &Renewals: Factory plant Office Premises 3,500 1,000 Manager’s salary 10,000 Director’s fees 2,500 Office stationery 1,000 Telephone Charges...
Wolfpack Company has two service departments and two production departments. Budgeted costs and budgeted activity in...
Wolfpack Company has two service departments and two production departments. Budgeted costs and budgeted activity in the various departments for the year are shown here: Custodial Cafeteria Cutting Assembly Departmental Costs 12,600 7,000 30,000 50,000 Square Feet Occupied 1,000 2,000 8,000 10,000 Number of Employees 20 30 150 200 Custodial service department costs are allocated on the basis of square feet of space occu- pied. The costs of the cafeteria are allocated on the basis of the number of employees....
Av-Y6 Company operates three service departments, administration, maintenance, and personnel and two production departments, assembly and...
Av-Y6 Company operates three service departments, administration, maintenance, and personnel and two production departments, assembly and packaging. Information for the three service departments is given below: Admin Maint Person Directly traced overhead $65,000 $33,000 $74,000 Square feet occupied 2,000 3,500 3,000 Number of employees 42 24 30 Maintenance hours 2,500 2,000 4,000 Information for the two production departments is given below: Assembly Packaging Directly traced overhead $167,030 $114,090 Square feet occupied 2,100 1,400 Number of employees 36 18 Maintenance hours...
Av-Y6 Company operates three service departments, administration, maintenance, and personnel and two production departments, assembly and...
Av-Y6 Company operates three service departments, administration, maintenance, and personnel and two production departments, assembly and packaging. Information for the three service departments is given below: Admin Maint Person Directly traced overhead $69,000 $45,000 $78,000 Square feet occupied 2,000 3,500 3,000 Number of employees 36 24 30 Maintenance hours 2,500 2,000 4,000 Information for the two production departments is given below: Assembly Packaging Directly traced overhead $167,040 $122,090 Square feet occupied 2,100 1,400 Number of employees 42 18 Maintenance hours...
Av-Y6 Company operates three service departments, administration, maintenance, and personnel and two production departments, assembly and...
Av-Y6 Company operates three service departments, administration, maintenance, and personnel and two production departments, assembly and packaging. Information for the three service departments is given below: Admin Maint Person Directly traced overhead $69,000 $45,000 $78,000 Square feet occupied 2,000 3,500 3,000 Number of employees 36 24 30 Maintenance hours 2,500 2,000 4,000 Information for the two production departments is given below: Assembly Packaging Directly traced overhead $167,040 $122,090 Square feet occupied 2,100 1,400 Number of employees 42 18 Maintenance hours...
I. Garza and Neely CPAs, are preparing their service revenue (sales) budget for the coming year...
I. Garza and Neely CPAs, are preparing their service revenue (sales) budget for the coming year (2014). The practice is divided into the three departments: auditing, tax, and consulting. Billable hours for each department, by quarter, are provided below.             Department             Quarter 1                  Quarter 2                  Quarter 3                  Quarter 4             Auditing                    2,300                         1,600                          2,000                          2,400             Tax                           3,000                         2,200                          2,000                          2,500             Consulting                1,500                         1,500                          1,500                          1,500 Average hourly billing rates are auditing $80, tax $90, and consulting $100....
ABC uses activity based costing where overhead from three different production departments are allocated to products...
ABC uses activity based costing where overhead from three different production departments are allocated to products as follows: Activity                                     Driver                                        Activity Rate                                         Product A              Product B Cutting                                     Machine Hours                                     $2.00 per machine hour                                2,000 hours        3,000 hours Assembly              Assembly Hours                 $.50 per assembly hour                                   3,000 hours        5,000 hours Painting                 Gallons of Paint                                   $5.00 per gallon                                  1,500 gallons     1,300 gallons Raw materials are directly followed to each product and the amount of raw materials used for...
ABC uses activity based costing where overhead from three different production departments are allocated to products...
ABC uses activity based costing where overhead from three different production departments are allocated to products as follows: Activity - Driver - Activity Rate - Product A - Product B Cutting - Machine Hours - $2.00 per machine hour - 2,000 hours - 3,000 hours Assembly - Assembly Hours - $.50 per assembly hour - 3,000 hours - 5,000 hours Painting - Gallons of Paint - $5.00 per gallon - 1,500 gallons - 1,300 gallons Raw materials are directly followed...
Part 1 ABC uses activity based costing where overhead from three different production departments are allocated...
Part 1 ABC uses activity based costing where overhead from three different production departments are allocated to products as follows: Activity                 Driver - Activity Rate - Product A - Product B Cutting Machine Hours - $2.00 per machine hour - 2,000 hours - 3,000 hours Assembly            Assembly Hours - $.50 per assembly hour - 3,000 hours - 5,000 hours Painting                Gallons of Paint - $5.00 per gallon - 1,500 gallons - 1,300 gallons Raw materials are directly followed to...
EXAMPLE COMPANY Information Rep&Maint costs are allocated to other departments based on time of service while...
EXAMPLE COMPANY Information Rep&Maint costs are allocated to other departments based on time of service while QC costs are allocated based on computing hours. Department    Rep&Maint    QC Machining Assembly    Total Departmental overhead $2,000,000 $3,000,000    $4,000,000 $1,000,000    $10,000,000 Time of service    40 50 800 150 1040 Computing hours    1,000    2,000 12,000 8,000 23,000 Machining uses machine hours as a base for overhead allocation and expects to use 100,000 MH this year. Assembly uses...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT