A consulting firm has two departments, Corporate and Government. Computer support is common to both departments....

Question

Question

A consulting firm has two departments, Corporate and Government. Computer support is common to both departments. The cost of

business accounting

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

	Corporate	Government
Fixed	6670000*130/300= $2890333.33	6670000*170/300= $3779667.67
Variable	(9510000-667000)*98800/154100= 5669619.73	(9510000-667000)*55300/154100= 3173380.27
Total	$8559953	$6953047

Add a comment

Answer 2

Similar Homework Help Questions

A consulting firm has two departments, Corporate and Government, Computer support is common to both departments....

A consulting firm has two departments, Corporate and Government, Computer support is common to both departments. The cost of computer support is $8.29 milion. The following information is given: Gigabytes of Storage 91,400 54,400 Number of Consultants Corporate Government 155 170 Required: What is the cost allocation if fixed computer costs of $5.23 million are allocated on the basis of number of consultants and the remaining costs (all variable) are allocated on the basis of the number of gigabytes of...
A consulting firm has two departments, Corporate and Government. Computer support is common to both departments....

A consulting firm has two departments, Corporate and Government. Computer support is common to both departments. The cost of computer support is $11.24 million. The following information is given: Gigabytes of Storage Number of Consultants Corporate 105,000 135 Government 58,200 175 Required: What is the cost allocation if fixed computer costs of $7.31 million are allocated on the basis of number of consultants and the remaining costs (all variable) are allocated on the basis of the number of gigabytes of...
A consulting firm has two departments, Corporate and Government. Computer support is common to both departments....

A consulting firm has two departments, Corporate and Government. Computer support is common to both departments. The cost of computer support is $8.99 million. The following information is given: Gigabytes of Storage 95,700 65,200 Number of Consultants Corporate Government 130 190 Required: What is the cost allocation if fixed computer costs of $6.28 million are allocated on the basis of number of consultants and the remaining costs (all variable) are allocated on the basis of the number of gigabytes of...

A consulting firm has two departments, Corporate and Government. Computer support is common to both departments....

A consulting firm has two departments, Corporate and Government. Computer support is common to both departments. The cost of computer support is $11.50 million. The following information is given: Gigabytes of Storage Number of Consultants Corporate 102,800 135 Government 43,800 175 Required: What is the cost allocation if fixed computer costs of $7.72 million are allocated on the basis of number of consultants and the remaining costs (all variable) are allocated on the basis of the number of gigabytes of...
A consulting firm has two departments, Corporate and Government. Computer support is common to both departments....

A consulting firm has two departments, Corporate and Government. Computer support is common to both departments. The cost of computer support is $6.76 million. The following information is given: Gigabytes of Storage Number of Consultants Corporate 98,000 155 Government 52,600 160 Required: What is the cost allocation if fixed computer costs of $5.60 million are allocated on the basis of number of consultants and the remaining costs (all variable) are allocated on the basis of the number of gigabytes of...
A consulting firm has two departments, Corporate and Government. Computer support is common to both departments. The co...

A consulting firm has two departments, Corporate and Government. Computer support is common to both departments. The cost of computer support is $8 million. The following information is given. Gigabytes of Storage 60,000 40,000 Number of Consultants 140 210 Corporate Government Required A Required B Required C What is the cost charged to each department if the allocation is based on the number of gigabytes of storage? (Round your answers to the nearest whole dollars. Do not round intermediate calculations....

Atlanta Partners provides management consulting services to government and corporate clients. Atlanta has two support departments—administrative...

Atlanta Partners provides management consulting services to government and corporate clients. Atlanta has two support departments—administrative services (AS) and information systems (IS)—and two operating departments-government consulting (GOVT) and corporate consulting (CORP). For the first quarter of 2017, Atlanta's cost records indicate the following: SUPPORT AS IS OPERATING GOVT CORP Total $ 330,000 $ 1,200,000 $ 7,500,000 $ 12,490,000 $ 21.520,000 Budgeted overhead costs before any interdepartment cost allocations Support work supplied by AS (budgeted head count) Support work supplied by...
Seattle Partners provides management consulting Services to government and corporate clients. Seattle has two support departments...

Seattle Partners provides management consulting Services to government and corporate clients. Seattle has two support departments administrative services (AS) and information systems (S) and two operating departmenis gaverrment consulting (GOVT) and corporate consulting (CORP). For the first quarter of 2017, Seattle's cost records indicate the following: Click the icon to view the cost records.) Read the rccuircments. Requirement 1a. Allocate the two support departments' costs to the two operating departments using the direct method. (Do not round intermediary calculations and...
PhoenixPartners provides management consulting services to government and corporate clients. Phoenix has two support departments—administrative services(AS)...

PhoenixPartners provides management consulting services to government and corporate clients. Phoenix has two support departments—administrative services(AS) and information systems(IS)—and two operating departments—government consulting (GOVT) and corporate consulting (CORP). For the first quarter of 2017, Phoenix's cost records indicate the following: SUPPORT OPERATING AS IS GOVT CORP Total Budgeted overhead costs before any interdepartment cost allocations $600,000 $2,400,000 $8,756,000 $12,452,000 $24,208,000 Support work supplied by AS (budgeted head count) 0 25% 40% 35% 100% Support work supplied by IS (budgeted computer...

Phoenix Partners provides management consulting services to government and corporate clients. Phoenix has two support departments-administrative...

Phoenix Partners provides management consulting services to government and corporate clients. Phoenix has two support departments-administrative services (AS) and information systems (IS)—and two operating departments-government consulting (GOVT) and corporate consulting RP). For the first quarter of 2017, Phoenix's cost records indicate the following: (Click the icon to view the cost records.) (CORP). Po Read the requirements. Requirement 1a. Allocate the two support departments' costs to the two operating departments using the direct method. (Do not round intermediary calculations and round...

A consulting firm has two departments, Corporate and Government. Computer support is common to both departments....

Homework Answers