Business, 30.11.2021 23:10, hannahbaak
Renata Company has four departments: Materials, Personnel, Manufacturing, and Packaging. Information follows.
Department Employees Square Feet Asset Values
Materials 27 58,000 $ 7,500
Personnel 9 7,250 1,500
Manufacturing 60 65,250 48,750
Packaging 54 14,500 17,250
Total 150 145,000 $ 75,000
The four departments share the following indirect expenses for supervision, utilities, and insurance according to their allocation bases.
Indirect Expense Cost Allocation Base
Supervision $ 84,000 Number of employees
Utilities 65,000 Square feet occupied
Insurance 30,000 Asset values
Total $ 179,000
Allocate each of the three indirect expenses to the four departments.
Supervision expenses Allocation Base Percent of Allocation Base Cost to be Allocated Allocated Cost
Department Numerator Denominator % of Total
Materials
Personnel
Manufacturing
Packaging
Totals
Utilities Allocation Base Percent of Allocation Base Cost to be Allocated Allocated Cost
Department Numerator Denominator % of Total
Materials
Personnel
Manufacturing
Packaging
Totals
Insurance Allocation Base Percent of Allocation Base Cost to be Allocated Allocated Cost
Department Numerator Denominator % of Total
Materials
Personnel
Manufacturing
Packaging
Totals
Answers: 2
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Renata Company has four departments: Materials, Personnel, Manufacturing, and Packaging. Information...
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