Please help with completing this extra credit assignment! Need help with cost allocation and how...

80.2K

Verified Solution

Question

Accounting

imagePlease help with completing this extra credit assignment! Need help with cost allocation and how to calculate the total costs. Thank you in advance.
ADMN BACS Accourting-Ohm- Departmental costs before allocation 180,000 90,000 190,000 900,000 B0 Number of employees Number of PCs o Business school administration costs (ADMIN) Number of employees .Business Administration computer services (BACS) 1. Celculate the total costs for the Acceuating and Others Depertments using the Direct Methed Operating Departments BACS $190,000 $900,000 5180,000 $90,000 Department Cests ADMIN Cost alloc. BACS Cost alloc. 34,000 4,000 ($180,000) Allocation of ADMIN costs (based on of employees) accounting: Siso,000 x (O/V001-3, oc Others: $180000 xO 1100 Allocation of BACS costs (based on # of PCs) Accounting $90,000x others: $90,000x . Calkculate the total cests for the Accounting and Others Departments using the Service Departments Department Costs 180,000 $90,000 190,000 $900,000 ADMIN Cost alloc $180,000) Total Costs Allocation of ADMIN costs (based on of employees) BACS: $180,000 5 VoS Accounting: $180,000x (20 110 Others: $180,000 (80 105). Allocation of BACS costs (based on s of PCs) (note: the amount to allocate will be the $90,000 PLUS the amount allocated from the ADMIN Department from above) Accounting: Others

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