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CH8-Q3-A) REQUIRED: Allocate support costs using the direct method. (Round percentages to...

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Accounting

CH8-Q3-A)

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REQUIRED:

Allocate support costs using the direct method. (Round percentages to 4 decimal places, e.g. 15.2574% and other answers to 0 decimal places, e.g. 125. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

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Vaughn Company has two service departments (personnel and financial) that provide services for one another as well as for two production departments, assembly and finishing. Data for the month follow: Personnel Financial Assembly Finishing Employees 5 8 18 14 Payroll $14,600 $15,000 $30,100 $28,500 Personnel department costs were $81,800, and financial department costs were $39,000. Vaughn uses employees as the allocation base for personnel department costs and payroll costs for financial department costs Operating Departments Assembly Finishing Total % % % $ $ $ % % % $ $

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