PM Industries has two service departments (Administration and Maintenance) and two operating departments. Departmental costs before allocations are $950,000 for Administration and $1,650,000 for Maintenance. Maintenance costs are allocated on the basis of the number of LPM employees. Administration has 450 employees; Maintenance has 750 employees; Operating Department 1 has 1,350 employees and Operating Department 2 has 1,200 employees. Using the step-down method, how much of the cost from the Maintenance Department will be allocated to Administration

Answers

Answer 1

Answer:

The answer is " 873,529.412"

Explanation:

Following are the equation which the administration would be responsible for the costs of the maintenance departments:

[tex]\to 1,650,000 \times \frac{1,350}{(1,350+1,200)}\\\\\to 1,650,000 \times \frac{1,350}{2,550}\\\\\to 1,650,000 \times \frac{135}{255}\\\\\to 1,650,000 \times \frac{27}{51}\\\\\to 1,650,000 \times \frac{9}{17}\\\\\to \frac{14,850,000}{17}\\\\\to 873,529.412[/tex]


Related Questions

2. The owner of a franchise benefits from brand name recognition, access to professional
and nationwide advertising.

Answers

Answer:

True

Explanation:

It is TRUE that the owner of a franchise benefits from brand name recognition, access to professional and nationwide advertising.

This is because the owner of a franchise has various advantages. The advantages include enhanced reputation which covers all the places there is a franchise.

Then there is an increase in management techniques and work practices, including access to national advertising to cover many places and continuous support.

30 points please help!
Olive's organic Baby food believes their reputation is being put down by a competitor because of their untruthful advertising. Which of the following types of business tort is this?
a. fra ud
b. crim inal
c. defam ation

Answers

Answer:

i believe is fraud

Explanation:

if you find it helpful pls give me the points

Which aspect of the organization should Albert have been aware of before joining it?
Albert has recently joined a business organization. After a few weeks, he has realized that he is not happy with the organization's values,
management style, and policies. He is thus finding it difficult to perform daily tasks. He wishes he had found some information about the
organization's
before joining it

Answers

Answer:

well you have to think before taking action in something

by wr
workbook:
1.1 Assets minus Owner's Equity
A. Current liabilities
B. Capital
C. Liabilities
D. Current assets​

Answers

Answer:

C. Liabilities

Explanation:

Financial accounting can be defined as the field of accounting involving specific processes such as recording, summarizing, analysis and reporting of financial transactions with respect to business operations over a specific period of time.

Owner's equity is simply what a person owns outrightly and it is also referred to as net worth. It ​can be defined as the value of financial and non-financial assets owned by a person minus the total outstanding liabilities or debts of that person. Simply stated, owner's equity refers to the difference between the amount a person own (asset) and the amount owed (liability).

Mathematically, net worth is given by the formula;

[tex] Owner's \; equity = Total \; assets - Total \; liabilities[/tex]

Making liabilities the subject of formula, we have;

[tex] Total \; liabilities = Total \; assets - Owner's \; equity [/tex]

In Financial accounting, liability can be defined as the amount of money being owed by an individual or organization to another.

Simply stated, liability is a debt being owed and as such it usually has "payable" in its account title on the balance sheet.

Generally, liabilities are recorded on the right side of the balance sheet and it comprises of financial informations such as warranties, bonds, loans, deferred revenues, mortgages, account payable etc.

Hence, Assets minus Owner's Equity is equal to Liabilities.

Other Questions
Here are the ingredients needed to make 16 biscuits.BiscuitsIngredients to make 16 biscuits175 g of butter75 g of sugar250 g of flourAnna has500 g of butter300 g of sugar625 g of flourWork out the greatest number of biscuits Anna can make. Which of the following industries most matches Alfred Webers model of industrialization?A.a lumber business in the Pacific NorthwestB.a coffee roaster in GermanyC.a fish-stick factory in KansasD.an oil refinery in New EnglandE.a slaughterhouse in the center of the city All of the following characterize both perfectly competitive and monopolistically competitive markets EXCEPT: Price is equal to average revenue. Price is equal to average revenue. A Individual firms produce output where marginal cost equals marginal revenue. Individual firms produce output where marginal cost equals marginal revenue. B Firms can affect the selling price of their product. Firms can affect the selling price of their product. C The market has a large number of firms. The market has a large number of firms. D Firms can easily enter or exit the market. Why did people suffer under Joseph's Stalin's rule? is it possible to have the ordered number pair 3;7 on the graph A skyscraper that stands 620 feet cast of shadow that is 125 feet long. What is the ratio of the shadow to the height of the skyscraper? Which represents a quadratic function? Dr. Hudson has a clock decorating business. On her signature circular clock, she puts glitter tape around the outer trim. About how much tape does she need to make ten clocks if each signature circular clock has a radius of 6 in? Use 3.14 for pi. Which writing approach would best address the purpose and audience of thisprompt?Your social studies class has been learning how communication hasundergone vast changes since the invention of the printing press.Please summarize these changes for a classmate who has beenabsent for the entire unit on communication and will have to take aunit exam when he or she returns to school.O A. To help your classmate catch up quickly, use a graphic organizerthat compares communication in the past to communication inthe present with short, descriptive phrases.B. To show your classmate how much you've learned, write a formalessay that details every advancement in the field ofcommunication, making sure to include personal commentary oneach oneO C. To make learning enjoyable for your classmate, write a fictionaltale of a woman who is transported to the past and must try tocommunicate without using modern technologyO D. To help your classmate learn the main developments incommunication, write concise, organized notes about thebackground, technology, and people involved in each majoradvancement How did ISIS fuel the Syrian Civil War? Blood leaves the heart to go to the rest ofthe body through the What is the Surface Area of the Triangular Prism below? what festival were the people going to celebrate (English ncert cbse board moments) chapter 1 How is globalization beneficial to the people around the world what are good things about globalization that helps everyone? The current in a stream moves at a speed of 5 km/h. A boat travels 20 km upstream and 20 km downstream in a total of 3 hours. Find the speed of the boat in still water. example for economic system Simplify the expression: cos (7x) cos (4x) + sin (7x) sin (4x).Its either cos(11x)cos(3x)sin(11x)sin(3x)The ANSWER IS COS(3X) Answer the following questions for 20pts!What are some ways that you can respond to feeling attracted to someone? What are some risks or negative consequences of having sex?Why do people have different views on what is appropriate, or OK, and inappropriate, or not OK?How do you think a persons family might influence how he or she expresses feelings of attraction or affection?How do you think a persons culture might influence how he or she expresses feelings of attraction or affection?How do you think a persons beliefs or values might influence how he or she expresses feelings of attraction or affection? _____ in carbon dioxide in your red blood cells, which causes _____ in pH, causes your breathing to speed up. See Concept 42.6 (Page) View Available Hint(s) _____ in carbon dioxide in your red blood cells, which causes _____ in pH, causes your breathing to speed up. See Concept 42.6 (Page) A decrease ... a drop An increase ... a rise An increase ... a drop A decrease ... a rise Actually, it is the rise and fall of oxygen, not carbon dioxide, that controls breathing. hey guys i rlly need help i don't understand rational numbers