Brandeis corporation has two production departments

Assignment Help Accounting Basics
Reference no: EM13934840

Brandeis Corporation has two production Departments: P1 and P2 and two service departments: S1 and S2. Direct costs for each department and the proportion of service costs used by the various departments for the month of July are as follows:

   

Proportion of Services Used by:

Department

Direct costs

S1

S2

P1

P2

S1

$70,000

 

0.70

0.10

0.20

S2

$110,000

0.20

 

0.30

0.50

P1

$170,000

       

P2

$150,000

       

Under the step-method of cost allocation, the amount of costs allocated from S2 to P2 would be: 

$99,375.
$55,000.
$68,750.
$56,750. 

Reference no: EM13934840

Questions Cloud

Add a button control to the form to display the message box : Use three panels on a StatusBar control to display the current selections made by the user.
Use new and emerging technologies to improve their business : Description Your task is to act as a consultant to the business and provide them with detailed feedback and advice on the following. How they can use new and emerging technologies to improve their business For example, the following areas (In addi..
Investment classes and role in investment portfolios : Alternative Investment Classes and their Role in Investment Portfolios - Based on the circumstances provided, students will be required to analyse a range of potential solutions, and make recommendations for the most appropriate investment portfoli..
Design an experiment to confirm this result in living cells : Describe the experiment shown here and what was learned as a result and Design a negative control for this experiment and describe why it is a good control
Brandeis corporation has two production departments : Brandeis Corporation has two production Departments: P1 and P2 and two service departments: S1 and S2. Direct costs for each department and the proportion of service costs used by the various departments for the month of July are as follows:
Stock market consistently-what is the price : There is a stock, which will not pay dividends for 5 years. In year 6 it starts paying $2 annually for 4 years. After that time, it will increase its dividend by 3% yearly, and it expects to do that for 200 years. If you know, the risk premium is 7%,..
What is the difference between a real estate space : What is the difference between a Real Estate Space Market and the Real Estate Asset Market?When choosing an area in which to live, what should you consider?
Compare the ytm and the call rate : A bond sells for $1500 and it pays $100 per annum till its maturity 18 years from now. The firm, however, may call it back after 3 years at $1100. Derive its ytm and its call rate. Compare the ytm and the call rate. Are they reasonable? Why, or why n..
Discuss which allocation base appears preferable : Vintage Auto Company manufactures parts to order for antique cars.

Reviews

Write a Review

Accounting Basics Questions & Answers

  After-tax yield on the company

If all current and future projects will be financed with half debt and half equity, and if the current cost of equity (based on an average firm beta of 1.0 and a current risk-free rate of 5%) is 14% and the after-tax yield on the company's bonds i..

  Scott and quick are accountants for millenium computers

scott and quick are accountants for millenium computers. they disagree over the following transactions that occurred

  Hw much higher would the companys first-year net income

reeses tot toy boxes uses variable costing to manage its internal operations. the following data relate to the companys

  How much cash must be deposited in a savings account as a

a. what is the present value of nine annual cash payments of 6000 to be paid at the end of each year using an interest

  Vintech company is planning to produce 2100 units of

vintech company is planning to produce 2100 units of product in 2011. each unit requires 3 pounds of materials at 6 per

  Statement of cash flows analysis. refer to the consolidated

Statement of cash flows analysis. Refer to the consolidated statements of cash flows on figure shown below of the Campbell Soup Company annual report in the appendix.

  Is landon proposal acceptable accounting

Is Landon's proposal acceptable accounting?

  Tomas and saturn are partners who share income in the

tomas and saturn are partners who share income in the ratio of 31. their capital balances are 40000 and 60000

  Journalize the transactions for cactus co

Journalize the transactions for Cactus Co - The selected transactions were completed by Cactus Co.

  Total cost recovery deduction

Audra elects section 179 for asset C. Audra's taxable income from her business would not create a limitation for purposes of the section 179 deduction. Audra elects not to take additional first-year depreciation. Determine her total cost recovery ..

  In march kelly company had the following unit production

in march kelly company had the following unit production costs materials 12 and conversion costs 9. on march 1 it had

  Show the adjusting entry assuming december 31

Show the entries for transaction - Show the adjusting entry assuming December 31 is the last day of the accounting period?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd