Why is the expert testimony of a forensic scientist so convincing?

Support department cost allocation—comparisonBecker Tabletops has two support departments ( Janitorial and Cafeteria) and two pr

Helen [10]

Answer:

a. The most support department cost is allocated to assembly department

b. The most support department costs under the sequential method is allocated to cutting department

c. The most support department costs under the reciprocal services method is allocated to Cutting department .

Explanation:

a. Allocated costs to cutting department = $62000 + $126,750 = $188,750

Allocates costs to assembly department = $248,000 + $42,250 = $290,250

Conclusion: The most support department cost is allocated to assembly department

b. Allocated costs to cutting department = $31,000 + $243,000 = $274,000

Allocates costs to assembly department = $124,000 + $81,000 = $205,000

Allocates costs to cafeteria department = $155,000

Conclusion: The most support department costs under the sequential method is allocated to cutting department .

c. Allocated costs to cutting department = $38,200 + $216,000 = $254,200

Allocates costs to assembly department = $152,800 + $72,000 = $224,000

Conclusion: The most support department costs under the reciprocal services method is allocated to Cutting department .

3 0

3 years ago

Steve is staying at a hotel while on business in Chicago, but he forgot to bring his ties. Who would he most likely turn to for

babymother [125]

Answer:

Steve

Explanation:

because he can get in contact with Steve while in the hotel

5 0

2 years ago

Social media objectives should: Choose only ONE best answer. A Be independent of competing marketing and organizational goals. B

olya-2409 [2.1K]

Answer:

B is the best answer for this question.

Explanation:

It uses the smart goal which helps you make an achievable and realistic goal

7 0

3 years ago

Gene Simmons Company uses normal costing in each of its three manufacturing departments. Factory overhead is applied to producti

kolbaska11 [484]

Answer:

Required A

Part 1

Actual overhead rate = Actual Overheads ÷ Actual hours used

Therefore,

Dep A = $35,640 ÷ 8,100 = $4.40

Dep B = $36,040 ÷ 1,440 = $25.03

Dep C = $38,220 ÷ 1,280 = $29.86

Part 2

Overheads applied = Overhead rate × hours used

Therefore,

Overheads applied = $4.40 × 650 hours = $2,860

Part 3

1. Actual costing delays product costing as the information is only available after the period.

2. Difficult to deal with for fluctuating or seasonal sales as new rates always need to be calculated.

Required B

Part 1

1. Product Costing can be done on time hence price setting can also be done at an earlier stage.

2. Rates are determined consistently for fluctuating or seasonal sales

Part 2

Predetermined overhead rate = Budgeted Overheads ÷ Budgeted hours

Therefore,

Dep A = $380,000 ÷ 95,000 = $4.00

Dep B = $420,000 ÷ 70,000 = $6.00

Dep C = $510,000 ÷ 35,000 = $14.57

Part 3

Overheads applied = Predetermined overhead rate × hours used

Therefore,

Overheads applied for January,

Department A = $4.00 × 8,100 hours = $32,400

Department B = $6.00 × 1,440 hours = $8,640

Department C = $14.57 × 1,280 hours = $18,649.60

Part 4

If Actual Overheads > Applied Overheads, we say overheads are under-applied,

and

If Applied Overheads > Actual Overheads, we say overheads are over-applied.

Therefore,

Department A :

Actual Overheads = $35,640

Applied Overheads = $32,400

Therefore, overheads are under-applied by $3,240

Department B :

Actual Overheads = $36,040

Applied Overheads = $8,640

Therefore, overheads are under-applied by $27,400

Department C :

Actual Overheads = $38,220

Applied Overheads = $18,649.60

Therefore, overheads are under-applied by $19,570.40

Part 5

Department A

Cost of Sales = $3,240

Department B

Cost of Sales = $27,400

Department C

Cost of Sales = $19,570.40

Part 6

Department A

Cost of Sales = $3,240

Department B

Cost of Sales = $27,400

Department C

Cost of Sales = $19,570.40

Explanations :

See the formulas and calculations tied together with the solution above.

Note that :

If Actual Overheads > Applied Overheads, we say overheads are under-applied,

and

If Applied Overheads > Actual Overheads, we say overheads are over-applied.

Also that ,

Balances in the Overheads Account are closed off against the Cost of Goods Sold in the Income Statement.

7 0

3 years ago

Presented below is the stockholders' equity section of Oaks Corporation at December 31, 2012:

diamong [38]

Answer:

a. $1,765,000

Explanation:

Total stockholder’s equity on December 31, 2013 = Total equity at end 2012 – amount paid for 3,000 shares were reacquired at $28 per share – amount paid for 3,000 shares were reacquired at $35 per share + amount collect from 1,800 shares of treasury stock were sold at $30 per share + net income of $450,000

= $1,450,000 – 3,000 * $28 – 3,000 * $35 + 1,8000 *$30 + $450,000 = $1,765,000

4 0

3 years ago