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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

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Explanation:

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2 years ago

Snow Co. began operations on January 2, 2017. It employs 15 people who work 8-hour days. Each employee earns 10 paid vacation da

Arlecino [84]

Answer:

Given that,

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To cash ( 15 × 8 hrs × 9 days × 25.50) $27,540

(cash paid for vacation wages)

(3) On 2018,

Wages expense A/c Dr. $30,600

To vacation wages payable $30,600

( 15 × 8 hrs × 10 days × 25.50)

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2 years ago

During a recession, median income falls by 15%. if the demand for grapes falls by 12%, grapes are a(n) _____ good with an income

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2 years ago

Withdrawal of PartnerLane Stevens is to retire from the partnership of Stevens and Associates as of March 31, the end of the cur

goblinko [34]

Answer:

Explanation:

The journal entries are presented below:

a. Merchandise Inventory $22,300

To Allowance for Doubtful Accounts A/c $1,300

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To Cherrie Ford, Capital A/c $6,000

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(Being the revaluation of assets is recorded)

The computation is shown below:

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= $21,000

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To Cash A/c $59,000

(Being the withdrawn amount is recorded)

The lane Stevens capital would be

= $150,000 + $9,000

= $59,000

4 0

2 years ago