Won Han Co. has four departments: materials, personnel, manufacturing, and packa

Question

Won Han Co. has four departments: materials, personnel, manufacturing, and packaging. In a recent month, the four departments incurred three shared indirect expenses. The amounts of these indirect expenses and the bases used to allocate them follow.

Use this information to allocate each of the three indirect expenses across the four departments. (Round your intermediate and final answers to the nearest whole dollar. Omit the "$" & "%" signs in your response.)

Prepare a summary table that reports the indirect expenses assigned to each of the four departments. (Round your intermediate and final answers to the nearest whole dollar. Omit the "$" sign in your response.)

Won Han Co. has four departments: materials, personnel, manufacturing, and packaging. In a recent month, the four departments incurred three shared indirect expenses. The amounts of these indirect expenses and the bases used to allocate them follow.

Explanation / Answer

Requirement 1 Allocation of Indirect expenses to Four Departments Supervision expenses Department Employees % of Total      Cost   Materials 17 14.41        10,229   Personnel 5 4.24          3,008   Manufacturing 65 55.08        39,110   Packaging 31 26.27        18,653      Totals 118 100.00        71,000 Utilities expenses Department Square Feet % of Total      Cost   Materials 26000 28.60        16,590   Personnel 4000 4.40          2,552   Manufacturing 47000 51.71        29,989   Packaging 13900 15.29          8,869      Totals 90900 100.00        58,000    Insurance expenses Department Asset Values % of Total      Cost   Materials 54000 49.77          8,411   Personnel 1400 1.29             218   Manufacturing 37900 34.93          5,903   Packaging 15200 14.01          2,368      Totals 108500 100.00        16,900 Requirement 2 Summary table of indirect Expenses assigned to Departments   Supervision     Utilities     Insurance    Total   Materials          10,229     16,590          8,411     35,230   Personnel            3,008       2,552             218       5,779   Manufacturing          39,110     29,989          5,903     75,002   Packaging          18,653       8,869          2,368     29,889      Totals          71,000     58,000        16,900 1,45,900

Related Questions

Navigate

• Browse (All)
• Browse W
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.