Blondell Legal Services, Limited Liability Company, uses the step-down method to allocate service department costs to operating departments. The firm has two service departments, Personnel and Information Technology (IT) , and two operating departments, Family Law and Corporate Law. Data concerning those departments follow:
Personnel costs are allocated first on the basis of employees and Information Technology costs are allocated second on the basis of Personnel costs.The total Corporate Law Department cost after allocations is closest to:
A) $417,681
B) $417,670
C) $418,424
D) $397,780
Correct Answer:
Verified
Q297: San Juan Minerals (SJM) has two service
Q298: The James Corporation has four departments with
Q299: The Thomas Corporation has two service departments
Q300: Anchor Corporation has two service departments, Personnel
Q301: Walker Enterprises, Incorporated, uses a job-order costing
Q303: Poirrier Corporation uses process costing. The following
Q304: Bayas Corporation uses process costing. A number
Q305: Whiston Corporation uses the weighted-average method in
Q306: Blondell Legal Services, Limited Liability Company, uses
Q307: Muckenfuss Clinic uses the step-down method to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents