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
alexgriva [62]
3 years ago
5

Using the sequential method, Pone Hill Company allocates Janitorial Department costs based on square footage serviced. It alloca

tes Cafeteria Department costs based on the number of employees served. It has determined to allocate Janitorial costs before Cafeteria costs. It has the following information about its two service departments and two production departments, Cutting and Assembly:
Costs Square Feet Number of Employees
Janitorial Department $450,000   100       20       
Cafeteria Department 200,000   10,000       10       
Cutting Department 1,500,000   2,000       60       
Assembly Department 3,000,000   8,000       20      

The percentage (proportional) usage of the Cafeteria Department by the Assembly Department is: _________

a. 75%
b. 18.2%
c. 22.2%
d. 25%
Business
1 answer:
JulijaS [17]3 years ago
5 0

Answer:

Pone Hill Company

The percentage (proportional) usage of the Cafeteria Department by the Assembly Department is: _________

 

d. 25%

Explanation:

a) Data and Calculations:

                                           Costs    Square Feet   Number of Employees

Janitorial Department    $450,000        100                        20

Cafeteria Department      200,000   10,000                        10

Cutting Department       1,500,000    2,000                       60

Assembly Department  3,000,000    8,000                       20

Janitorial departments costs = square footage service

Cafeteria department costs = number of employees

Cost Allocation:

                       Janitorial    Cafeteria      Cutting       Assembly           Total

Direct costs  $450,000   $200,000  $1,500,000  $3,000,000 $5,150,000

Janitorial       (450,000)     225,000         45,000        180,000    0

Cafeteria                           (425,000)       318,750         106,250   0

Total allocated costs                          $1,863,750   $3,286,250 $5,150,000

Allocation of costs:

Janitorial:

Cafeteria = $225,000 ($450,000 * 10,000/20,000)

Cutting = $45,000 ($450,000 * 2,000/20,000)

Assembly = $180,000 ($450,000 * 8,000/20,000)

Cafeteria:

Cutting = $318,750 ($425,000 * 60/80)

Assembly = $106,250 ($425,000 * 20/80)

Percentage usage of the Cafeteria Department by the Assembly = 25% ($106,250/$318,750 * 100)

You might be interested in
​Belstone, Inc. is a merchandiser of stone ornaments. It sold​ 15,000 units during the year. The company has provided the follow
Georgia [21]

Answer: $200,100

Explanation:

Given that,

Units sold = 15,000

Sales Revenue = $510,000

Purchases​ (excluding Freight​ In) = $310,500

Selling and Administrative Expenses = $36,000

Freight In = $15,900

Beginning Merchandise Inventory = $42,500

Ending Merchandise Inventory = $59,000

Cost of goods sold = Beginning Merchandise Inventory + Purchases​ + Freight In - Ending Merchandise Inventory

                                = $42,500 + $310,500 + $15,900 - $59,000

                                = $309,900

Gross Profit = Sales Revenue - Cost of goods sold

                    = $510,000 - $309,900

                    = $200,100

8 0
3 years ago
Compute and select the correct common-size percent for each account title.Total Assets is $700,000 Accounts Payable is $75,000 B
Arisa [49]

Answer and Explanation:

The computation for each corrected common-size percent for each account is shown below:

Particulars             Amount                  Percentage

Total assets           $700,000                    100%

Accounts payable $75,000                      10.71%

                                                       ($75,000 ÷ $700,000)

Bonds payable      $225,000             32.14%

                                                       ($225,000 ÷ $700,000)

Common stock      $300,000            42.86%

                                                         ($300,000 ÷ $700,000)

Retained earnings $100,000             14.29%

                                                  ($100,000 ÷  $700,000)

Therefore each one of assetm liabilities and stockholder equity is presented as a percentage of total assets and the same is to be considered

3 0
3 years ago
HMO coverage has much more flexibility than PPO coverage. Please select the best answer from the choices provided. T F
Rus_ich [418]
It is a completely false statement that HMO <span>coverage has much more flexibility than PPO coverage. The correct option among the two options that are given in the question is the second option. I hope that this is the answer that you were looking for and the answer has actually come to your help.</span>
6 0
3 years ago
Read 2 more answers
What identifies the pattern used for each data series in a chart
goldenfox [79]
<span>a legend identifies the pattern

</span>
8 0
3 years ago
George owns a custom pottery business where he makes all types of mugs and drinkware. Which of the following products would dram
liq [111]

Answer:

a. glass coffee mugs

Explanation:

As we know that the glass coffee mugs and the pottery mugs are the subsitutes goods. In the case when the price of glass coffee mugs would decline so it would more consume due to which the demand of the pottery mugs would reduced

Therefore as per the given situation, the product that impact the profit margin is option a

hence, the correct option is a.

7 0
3 years ago
Other questions:
  • Attina always spends 30 % of her income on soft-shell crabs. Assume that her income increases by some percentage while the price
    15·1 answer
  • You want $1,000,000 when you retire in 40 years. You decided to save some money every year next 40 years for your retirement. Yo
    8·1 answer
  • The Jackson-Timberlake Wardrobe Co. just paid a dividend of $2.15 per share on its stock. The dividends are expected to grow at
    13·1 answer
  • A company purchased $1,800 of merchandise on July 5 with terms 2/10, n/30. On July 7, it returned $200 worth of merchandise. On
    9·1 answer
  • Reddit, Digg, and StumbleUpon are examples of popular
    13·1 answer
  • Suppose the economy is in a recession. The economy needs to expand by at least $350 billion, and the marginal propensity to cons
    12·1 answer
  • Find the APR, or stated rate, in each of the following cases (Do not round intermediate calculations. Enter your answers as a pe
    9·1 answer
  • Lymen International is considering a significant expansion to its product line. The sales force is excited about the opportuniti
    12·1 answer
  • A special kind of imperfectly competitive market that has only two firms is called.
    11·2 answers
  • ( b ) explain five circumstances under which a high population growth may be desirable ​
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!