Compute for the total Factory overhead rate of G Department, if the company uses the step method in allocating service department costs and distributes the cost of Department U first, Department V...


Compute for the total Factory overhead rate of G Department, if the company<br>uses the step method in allocating service department costs and distributes the<br>cost of Department U first, Department V second and finally Department W. The<br>producing departments uses the following bases: Department H, 100,000 direct<br>labor hours; and Department G, 195,000 direct labor hours. *<br>The Madalilangto Ink Company prepared the following table for the year 2019:<br>Production<br>Service Departments<br>Departments<br>H<br>G<br>V<br>Rent<br>Repairs<br>250,000<br>100,000<br>350,000<br>157,500<br>770,000<br>120,500<br>420,000<br>170,000<br>56,500<br>15,000<br>23,000<br>9,500<br>145,000<br>127,000<br>14,500<br>30,000<br>7,000<br>7,500<br>Fuel<br>7,000<br>6,000<br>Indirect Labor<br>100,000<br>97,500<br>Indirect<br>61,000<br>94,500<br>60,000<br>Materials<br>Heat and Light<br>Depreciation<br>Miscellaneous<br>Following is the result of the factory survey regarding service departments:<br>[A] Department U services G, V, and W in the ratio of 2:1:1, respectively;<br>[B] Department V services Department H, G, U, and W in the ratio of 4:3:2:1, respectively;<br>[C] Department W services Department H and G in the ratio of 3:1, respectively.<br>202,500<br>151,200<br>9,000<br>6,000<br>7,500<br>3,000<br>1,500<br>500<br>94,000<br>71,300<br>2,000<br>500<br>60,000<br>50,500<br>500<br>

Extracted text: Compute for the total Factory overhead rate of G Department, if the company uses the step method in allocating service department costs and distributes the cost of Department U first, Department V second and finally Department W. The producing departments uses the following bases: Department H, 100,000 direct labor hours; and Department G, 195,000 direct labor hours. * The Madalilangto Ink Company prepared the following table for the year 2019: Production Service Departments Departments H G V Rent Repairs 250,000 100,000 350,000 157,500 770,000 120,500 420,000 170,000 56,500 15,000 23,000 9,500 145,000 127,000 14,500 30,000 7,000 7,500 Fuel 7,000 6,000 Indirect Labor 100,000 97,500 Indirect 61,000 94,500 60,000 Materials Heat and Light Depreciation Miscellaneous Following is the result of the factory survey regarding service departments: [A] Department U services G, V, and W in the ratio of 2:1:1, respectively; [B] Department V services Department H, G, U, and W in the ratio of 4:3:2:1, respectively; [C] Department W services Department H and G in the ratio of 3:1, respectively. 202,500 151,200 9,000 6,000 7,500 3,000 1,500 500 94,000 71,300 2,000 500 60,000 50,500 500

Jun 10, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here