# Actuarial 0 40 20 40 rating 25 0 375 375 the direct

• 25
• 100% (3) 3 out of 3 people found this document helpful

Course Hero uses AI to attempt to automatically extract content from documents to surface to you and others so you can study better, e.g., in search results, to enrich docs, and more. This preview shows page 22 - 24 out of 25 pages.

Actuarial0%40%20%40%Rating25%0%37.5%37.5%The direct operating costs of the departments (including both variable and fixed costs) were as follows:ActuarialP60,000Premium RatingP40,000MarketingP60,000SalesP70,000The following questions are to be asked in this problem:1. The total cost accumulated in the marketing department using the reciprocal method is (calculate allratios and percentages to 4 decimal places, for example 33.3333%, and round all peso amounts to thenearest whole peso):a. P122,402b. P102,222c. P142,471d. P127,778
2.The total cost accumulated in the sales department using the reciprocal method is (calculate all ratiosand percentages to 4 decimal places, for example 33.3333%, and round all peso amounts to the nearestwhole peso):
Relative to traditional product costing, activity-based costing differs in the way costs are
Job order cost accounting systems and process accounting systems differ in the way:
Black Corp. manufactures products on a job order basis. The job cost sheet for Job #329 shows thefollowing for March:Direct materialP5,000Direct labor (100 hours @ P7.25)P725Machine hours incurred40Predetermined overhead rate per machine hourP26At the end of March, what total cost appears on the job cost sheet for Job #329?a. P8,325b. P5,765c. P6,765d. P5,725
The source document that records the amount of raw material that has been requested by production isthe:
The step-down method in service department cost allocation is otherwise known as the reciprocalmethod.

Course Hero member to access this document

Course Hero member to access this document

End of preview. Want to read all 25 pages?

Course Hero member to access this document

Term
Fall
Professor
NoProfessor
Tags
Finished Goods