1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Irina-Kira [14]
3 years ago
5

Brandeis Corporation has two production Departments: P1 and P2 and two service departments: S1 and S2. Direct costs for each dep

artment 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 $62,000 0.70 0.10 0.20 S2 $102,000 0.20 0.30 0.50 P1 $162,000 P2 $142,000 Under the step-method of cost allocation, the amount of costs allocated from S2 to P2 would be: $90,875. $51,000. $63,750. $53,950.
Business
1 answer:
luda_lava [24]3 years ago
4 0

Answer:

a. $90,875

Explanation:

Provided information we have,

Individually allocated cost

S1  = $62,000    S2 = $102,000     P1 = $162,000         P2 = $142,000

Firstly under step method cost allocation will be from S1 to S2, P1, P2

Ratio = 0.7 : 0.1: 0.2

Thus allocated to S2 = $62,000 \times 0.7 = $43,400

P1 = $62,000 \times 0.1 = $6,200

P2 = $62,000 \times 0.2 = $12,400

Total cost of S2 = $102,000 + $43,400 = $145,400

Ratio between S1: P1: P2 = 0.2:0.3:0.5

Amount allocated to P1 =  $145,400 \times \frac{0.3}{0.8}

= $54,525

Amount allocated to P2 =  $145,400 \times \frac{0.5}{0.8}

= $90,875

Therefore, correct option is

a. $90,875

You might be interested in
The ________ assumes responsibility for monitoring how the contractor is doing in terms of cost, schedule, and technical perform
JulijaS [17]
<span>Business/Financial manager </span>assumes responsibility for monitoring how the contractor is doing in terms of cost, schedule, and technical performance
Before a company start its operation for the year, the executives of that company will determine the budget that seem appropriate for all fo the operations.
The duty of business/financial manager is to make sure that the cost of operations do not exceed that pre-determined budget
5 0
3 years ago
Eccles Inc., a zero growth firm, has an expected EBIT of $100,000 and a corporate tax rate of 30%. Eccles uses $500,000 of 12.0%
Feliz [49]

Answer:

$587,500

Explanation:

You are required to calculate the value of the levered firm;

vL = vU + Dt, whereby;

vL = Value of levered firm

vU = value of unlevered firm

Dt = debt * tax ; which is the tax shield

Find value of unlevered firm;

vU = [EBIT(1-tax) ]/ rE

    = [100,000(1-0.30)] / 0.16

    = 437,500

Value of levered firm;

vL = 437,500 + (500,000*0.30)

   = 437,500 +150,000

   = $587,500

6 0
3 years ago
What could be two reasons why the data might not support the hypothesis?
Degger [83]
Below are the <span> two reasons why the data might not support the hypothesis:
</span><span>
1) The hypothesis was wrong 
2) The data is wrong

A hypothesis is a proposed thought that may clarify a perception or marvels. It is confirmed by testing it. In the event that the information bolsters the theory, at that point, we view the speculation as checked and genuine. Assuming, be that as it may, the information does not bolster the speculation or discredits it, at that point the theory is in a bad position, and we need to concoct an alternate speculation to clarify the perceptions.
</span>
7 0
3 years ago
True or false: When units produced are less than units sold, net income under absorption costing will be less than net income co
Oliga [24]

Answer:

True

Explanation:

Generally, net income will be the same under absorption costing and variable costing. However, producing fewer units than units sold will decrease the net income under absorption costing. As whatever the variable cost is under the absorption method, fixed manufacturing overhead remains the same that decreases the gross profit and net income. Under the variable costing, the fixed overhead will be calculated as per the units produced. Therefore, the net income will decrease proportionately.

6 0
2 years ago
How long does a trademark last? _____
4vir4ik [10]

Answer:

for ten years please thanks

4 0
2 years ago
Read 2 more answers
Other questions:
  • Compared to an early president’s cabinet, the size and impact of a modern president’s cabinet has ______________.
    8·1 answer
  • Information collected from online databases is an example of ________ data. A) observationalB) experimentalC) primaryD) secondar
    7·1 answer
  • Future Motors is expected to pay a $3.30 a share annual dividend next year. Dividends are expected to increase by 2.75 percent a
    6·1 answer
  • A metal alloy bolt is initially at 100.0°C. It is dropped into a coffee cup calorimeter containing 50.0 g of water at a temperat
    12·1 answer
  • Geraldine Parker, the owner of Gi Grs Dance Studio, Inc., started the business by investing $10,000 cash and donating a building
    10·1 answer
  • On October 10, the stockholders’ equity of Sherman Systems appears as follows.
    7·1 answer
  • Explain how growing personal income is related to economic conditions.
    7·1 answer
  • List the elements of the implied warranty of merchantability and provide an example of a sale of goods that includes this warran
    8·1 answer
  • XYZ Company operates on a remote interstate highway. It provides premium services to truckers en route to remote locations. It h
    5·1 answer
  • 1. Employees at a call centre have earned a bonus of 0.25% of their salary. The bonus that an
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!