Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. fleming corporation has two operating divisions-th

Fleming Corporation has two operating divisions-the Northeast Division and the Southwest Division. The...

60.2K

Verified Solution

Question

Accounting

Fleming Corporation has two operating divisions-the Northeast Division and the Southwest Division. The company's IT Department services both divisions. The variable costs of the IT Department are budgeted at $36 per hour of service. The IT Department's fixed costs are budgeted at $399,600 for the year. The fixed costs of the IT Department are determined based on peak-period demand. (Baruch College Exam ID#930684)
\table[[,\table[[Percentage of Peak Period],[Capacity Required]],Budgeted Hours,Actual Hours],[Northeast Division,25%,1,600,2,700],[Southwest Division,75%,5,800,5,600]]
Q: At the end of the year, actual IT Department variable costs totaled $305,180 and fixed costs totaled $418,720. For performance evaluation purposes, how much actual IT Department cost should NOT be charged to the operating divisions at the end of
Answer:
image

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A new wastewater treatment plant was built to treat the wastewater flow 800,000 gpd. The capital...

Chemistry
Q

a) Pick a type of Analytic study and explain it (what is it, how do you...

Biology
Q

Two powerful speakers, separated by 15.00 m, stand on the floor in front of the stage...

Physics
Q

a reinforced concrete bearing wall supports a 12" wide beam bearing in the full width of...

Civil Engineering
Q

(1) Answer both questions below about the EOQ model. (a) In the EOQ model, unit product...

General Management
Q

2 Lytic viruses utilize the host s machines to construct their viral components before bursting...

Biology
Q

Part II Please show work including formula and substitution with units 1 8 5x10 5C...

Physics
Q

Let P Z 0 43 P Y 0 42 and P ZnY 0 18 Use...

Calculus
Q

The volume of an open topped box with a square base is 245 cubic centimeters...

Calculus
Q

Power Drive Corporation designs and produces a line of golf equipment...

Accounting
Q

Tyler Sheen is the owner of HLO Incorporated. He provided the selected opening balances as...

Accounting
Q

Selected information from the 2020 and 2021 financial statements of Super Ratio Corporation is presented...

Accounting