All categories

2 years ago

Daniels Corporation uses the step-down method to allocate service department costs to operating departments.

Business

1 answer:

larisa86 [58]2 years ago

5 0

Answer:

C 503,980 dollars

Explanation:

$\left[\begin{array}{ccccc}&General&Physical&Sales&After-sales\\$General&&2,000&27,000&14,000\\$Physical&1,000&&38,000&7,000\\$Direct \: Cost&36,550&70,300&412,500&480,880\\$Allocate G&-36,550&1,700&22,950&11,900\\$Subtotal&0&72,000&435,450&492,780\\$Allocate P&0&-72000&60,800&11,200\\$Total&&&496,250&503,980\\\end{array}\right]$

We determinate each service deparment rate:

general: 36,550 / (2,000 + 27,000 + 14,000) = 0.85

we then assign cost of general department and repeat the process for physical

then for physical we do the same:

72,000 / (38,000 + 7.000) = 1.60

You might be interested in

You purchased 100 shares of MegaCorp for $17 per share four months ago. The brokerage fee was 4% of the total dollar amount of t

Ronch [10]

Answer:

$136.64

Explanation:

Purchase price:

100shares*$17price per share

=$1,700

$1,700*.04 brokerage commission

=$68brokerage commission price

Hence:

Total cost to purchase the stock = 1700 + 68 = $1,768

Sale proceeds:

100shares*$23.50 price per share

=$2,350

$2,350*.04brokerage commission

=$94brokerage commission price

Hence:

Total proceeds from sale = 2350 – 94

= $2,256

Capital gain tax computation:

Total proceeds from sale $2,256

Less purchase price $1,768

Taxable capital gain $488

Taxable capital gain $488*.28marginal tax rate

=$136.64 capital gain tax owed

Therefore the capital gain tax owed will be $136.64

8 0

2 years ago

One of the benefits of mindfulness is that it enables you to

Goshia [24]

Benefits of having a mindfulness life is that you will think before making decisions.

3 0

2 years ago

When you purchase an existing business why is it important to know the owners reason for selling

Neporo4naja [7]

Because maybe they were problem with the business like they might need reapairs or a bad location to make porfit.Or he just want to get rid of it to make it someone else problem

5 0

2 years ago

2. Risks ____ should be given higher priority because if the risk occurs, it would have a greater impact on the schedule than if

ruslelena [56]

Answer:

Risk on the critical path should be given higher priority than activities that are not part of the critical path, or that have a positive slack.

This is because incurring in a riks that is on the critical path can seriously alter the schedule of a project, to the point that the project could be delayed or put off.

5 0

2 years ago

Country Breads uses specialized ovens to bake its bread. One oven costs $249,000 and lasts about 15 years before it needs to be

Svetradugi [14.3K]

Answer:

The equivalent annual cost of an oven is $(A) -$74.839.43$