Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. dolphin company has three service departments, s1,

Dolphin Company has three service departments, S1, S2 and S3, and two production departments, P1...

70.2K

Verified Solution

Question

Accounting

imageimage

Dolphin Company has three service departments, S1, S2 and S3, and two production departments, P1 and P2. The following data relate to Dolphin Company's allocation of service department costs: Number Kilowatt Square Cost of Hours Feet Employees 80,000 2 800 200 S1 S2 40,000 1 400 200 S3 100,000 3 500 400 P1 800,000 6 1,500 3,000 P21,200,000 6 2,500 3,000 S1 allocates its costs on the basis of number of employees. S2 allocates its costs on the basis of kilowatt hours. S3 allocates its costs on the basis of square feet. The order of allocation for Dolphin Company is S1, S2 and then 53. Dolphin Company uses the direct method to allocate its service department costs. Problem 4.2 The allocation of costs from $1 to P1 would be: 0 $40,000 O $60,000 O $50,000 0 $400,000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Kaumajet Factory produces two products: table lamps and desk lamps. It has two separate departments: Fabrication...

Accounting
Q

A psychologist wants to know whether wives and husbands who both serve in a foreign war...

Basic Math
Q

Descriptive Statistics and Graphical Displays Valencia Orange Price Comparison You have been hired as a consultant to determine...

Basic Math
Q

Choose a company and analyze the company in terms of Porter's Five Forces? 1. Competitive rivalry...

General Management
Q

33 2m 2 x 80 A 10 C 7 40 2 B 11 D 8

Geometry
Q

A large corporation with monopolistic control in the marketplace has its average daily costs in...

Calculus
Q

2 At Mumford High School the robotics team is holding a bake sale to help...

Algebra
Q

Define the Fundamental Theorem of Algebra Part B Show that the Fundamental Th

Algebra
Q

Question #12: Your daughter just celebrated her 2nd birthday. They will be going to College...

Accounting
Q

Although the accrual basis of accounting is an excellent method for measuring profitability, it does...

Accounting
Q

Culver Limited uses a perpetual inventory system. The inventory records show the following data for...

Accounting
Q

Grounders Inc. is an American firm that will pay MYR 1,991,000 in a year. The...

Finance