Question :
81. Grey Division’s departmental income is:A. $163,000B. $211,000C. $241,000D. $52,000E. : 1256723
81. Grey Division’s departmental income is:A. $163,000B. $211,000C. $241,000D. $52,000E. $173,000
Reference: 22_03
Bridgestreet, Inc. has three operating departments: Cutting, Assembling, and Finishing. Cutting has 5,000 employees and occupies 15,000 square feet. Assembling has 4,000 employees and occupies 12,000 square feet. Finishing has 1,000 employees and occupies 23,000 square feet. Indirect factory costs for the current period were Administrative $170,000 and Maintenance $212,000. Administrative costs are allocated to operating departments based on the number of workers and maintenance costs are allocated to operating departments based on square footage occupied.
82. Based on the preceding data, determine the administrative cost allocated to each operating department of Bridgestreet, Inc.
A.
Cutting: $ 56,666
Assembling: $ 56,666
Finishing: $ 56,666
B.
Cutting: $ 5,000
Assembling: $ 4,000
Finishing: $ 1,000
C.
Cutting: $127,333
Assembling: $127,333
Finishing: $127,333
D.
Cutting: $ 85,000
Assembling: $ 68,000
Finishing: $ 17,000
E.
Cutting: $191,000
Assembling: $152,800
Finishing: $ 38,200
83. Based on the above data, determine the maintenance cost allocated to each operating department of Bridgestreet, Inc.
A.
Cutting: $ 70,666
Assembling: $ 70,666
Finishing: $ 70,666
B.
Cutting: $ 15,000
Assembling: $ 12,000
Finishing: $ 23,000
C.
Cutting: $ 63,600
Assembling: $ 50,880
Finishing: $ 97,520
D.
Cutting: $127,333
Assembling: $127,333
Finishing: $127,333
E.
Cutting: $115,000
Assembling: $ 91,680
Finishing: $175,720
Reference: 22_04
Ice House Industries, Inc. has three operating departments: Cooking, Churning, and Freezing. Indirect factory costs for the current period were Administrative $560,000 and Maintenance $98,000. Administrative costs are allocated to operating departments based on the number of workers and maintenance costs are allocated to operating departments based on square footage occupied.
Cooking
Department
Churning
Department
Freezing
Department
Number of employees
2,940 employees
4,900 employees
1,960 employees
Square feet occupied
33,250 Sq. Ft.
38,000 Sq. Ft
23,750 Sq. Ft.
84. Based on the above data, determine the administrative cost allocated to each operating department of Ice House Industries, Inc.
A.
Cooking: $168,000
Churning: $280,000
Freezing: $112,000
B.
Cooking: $186,666
Churning: $186,666
Freezing: $186,666
C.
Cooking: $112,000
Churning: $280,000
Freezing: $168,000
D.
Cooking: $280,000
Churning: $112,000
Freezing: $168,000
E.
Cooking: $219,333
Churning: $219,333
Freezing: $219,333
85. Based on the above data, determine the maintenance cost allocated to each operating department of Ice House Industries, Inc.
A.
Cooking: $219,333
Churning: $219,333
Freezing: $219,333
B.
Cooking: $230,300
Churning: $263,200
Freezing: $164,500
C.
Cooking: $ 33,250
Churning: $ 38,000
Freezing: $ 23,750
D.
Cooking: $ 32,666
Churning: $ 32,666
Freezing: $ 32,666
E.
Cooking: $ 34,300
Churning: $ 39,200
Freezing: $ 24,500
Reference: 22_05
Bookman Company has three operating departments: Department A, Department B, and Department C. Administrative costs are allocated to operating departments based on the number of workers and maintenance costs are allocated to operating departments based on square footage occupied.
Department
A
Department
B
Department
C
Number of employees
2,700 employees
6,300 employees
9,000 employees
Square feet occupied
52,500 sq. ft.
67,500 sq. ft
30,000 sq. ft.
86. Assume that Bookman allocated $11,250 administrative costs to Department A. Based on the above data, determine the company’s total administrative costs.A. $32,143B. $1,687C. $22,500D. $75,000E. $5,625
87. Assume that Bookman allocated $67,050 maintenance costs to Department B. Based on the above data, determine the company’s total maintenance costs.A. $30,172B. $149,000C. $23,467D. $191,571E. $335,250
88. Assume that Bookman allocated $29,800 maintenance costs to Department C. Based on the above data, determine maintenance costs allocated to Department A.A. $29,800B. $149,000C. $52,150D. $67,050E. $425,714
89. The amount by which a department’s revenues exceed its direct costs and expenses is the: A. Net sales.B. Gross profit.C. Departmental profit.D. Contribution margin.E. Departmental contribution to overhead.
90. Departmental contribution to overhead is calculated as revenues of the department less:A. Controllable costs.B. Product and period costs.C. Direct costs and expenses.D. Direct and indirect costs.E. Joint costs.
