Use the following data to prepare a model that allocates the support departments using the three methods (direct, sequential, and reciprocal). Pay attention to the following instructions: 1. You should design your model to include an input section, an output section, and user instructions. 2. The output section should have nothing but references and formulas in it. 3. For the sequential method, allocate the support department with the highest cost first. 4. For the reciprocal method, either calculate the reciprocal amounts using a formula in Excel or use iterative equations to calculate the amounts. Do NOT type the amounts in. Support Departments Producing Departments Assembly $45,000 5,300 General Factory $325,000 Receiving $160,000 3,400 Finishing $72,000 4,700 Departments Direct Overhead Square Footage # of Receiving Orders 300 1,650 2,050
Use the following data to prepare a model that allocates the support departments using the three methods (direct, sequential, and reciprocal). Pay attention to the following instructions: 1. You should design your model to include an input section, an output section, and user instructions. 2. The output section should have nothing but references and formulas in it. 3. For the sequential method, allocate the support department with the highest cost first. 4. For the reciprocal method, either calculate the reciprocal amounts using a formula in Excel or use iterative equations to calculate the amounts. Do NOT type the amounts in. Support Departments Producing Departments Assembly $45,000 5,300 General Factory $325,000 Receiving $160,000 3,400 Finishing $72,000 4,700 Departments Direct Overhead Square Footage # of Receiving Orders 300 1,650 2,050
Pkg Acc Infor Systems MS VISIO CD
10th Edition
ISBN:9781133935940
Author:Ulric J. Gelinas
Publisher:Ulric J. Gelinas
Chapter11: The Billing/accounts Receivable/cash
receipts (b/ar/cr) Process
Section: Chapter Questions
Problem 9P
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