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pduvin pduvin
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6 years ago
Broadway Department Store allocates the Personnel and Payroll Department's costs to the sales departments of Shoes, Automotive, and Clothing. Personnel and Payroll also provide services to each other. Personnel costs are allocated by number of employees, and payroll costs are allocated by gross payroll dollars. Costs and other information for January were as follows:

   Personnel    Payroll    Shoes   Automotive    Clothing
Current costs   $13,800   $6,400   $24,400   $40,000    $31,500
Gross payroll   $3,000   $1,500   $5,600   $8,700     $4,050
Number of employees   5   3   8    15       4

Required:
Prepare a schedule, which includes the total cost of operating the sales departments for January. Allocate service costs using the step-down method with the sequence of allocation based on highest percentage support concept.
Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
Authors:
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GarretAGarretA
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