cost-allocation-example
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DATE 08 Dec 2025
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notes
About This Document
Document Type: This is a Exam Paper, designed for Testing knowledge and exam technique.
Context: Core educational material suitable for current academic requirements.
Key Content: Likely covers essential definitions, theoretical concepts necessary for mastery of the subject.
Study Strategy: Attempt these questions under timed conditions to simulate a real exam environment, then check against your notes.
Recommendation: comprehensive resource for students aiming to achieve top grades in their final assessments.
Detailed Content Overview
Introduction
This notes resource titled "cost-allocation-example" provides comprehensive exam preparation materials designed to test and enhance your understanding. This resource is structured to facilitate effective learning and retention of important information.
Key Topics Covered
Learning Objectives
- Master key concepts required for examination success
- Practice answering exam-style questions effectively
- Develop time management skills for timed assessments
- Identify and address knowledge gaps in understanding
Detailed Summary
2b Equation (iii) Substituting Equation (ii) into Equation (i) and solving, we get; Sa=92400+0. 30Sc………Equation (i)c Sa=92400+(18,480 +0. 30Sc Substituting Equation (ii) into Equation (iii) and solving, we get, Sc=138,600 +0. 2Sa Equation (iv) Substituting (v) into Equation (iv) and solving we get, 0. 2(201,983)= 214,163 Cost Prior to S1 S2 S3 P1 P2 Total Allocation 92,400 184,800 138,600 400,000 500,000 1,315,800 Cost after recognition Allocate S1(1:2:4:3) Allocate S2 (2:5:2) Allocate S3(1 :6) 175,832 201,983 214,163 9,240 18,480 36,960 27,720 194,040 157,080 436,960 527,720 (194,040) 38,808 97,020 58,212 195,888 533,980 585,932 (195,888) 27,984 167,904 561,964 753,836 1,315,800.
Study Tips & Recommendations
Time Management
Practice under timed conditions to improve speed and accuracy. Allocate specific time limits to each section.
Active Practice
Attempt all questions before checking answers. Review mistakes to understand where improvements are needed.
Mark Scheme Review
Study marking schemes carefully to understand how examiners award points and structure your answers accordingly.
Regular Review
Schedule periodic reviews to reinforce learning and combat forgetting. Use spaced repetition for optimal retention.
Content Preview
Cost Allocation Example Assume the following data: User Dept Units of services provided Costs Prior to Service Department S1 S2 $ S1 0 2,000 4,500 S2 1,000 0 0 184,800 S3 2,000 4,000 0 138,600 P1 4,000 10,000 1,500 400,000 P2 3,000 4,000 9,000 500,000 Totals 10,000 20,000 15,000 1,315,800 S3 92,400 (i) Direct Method allocation to production departments; S1 S2 S3 P1 P2 Cost Prior to Allocation 92,400 184,800 138,600 400,000 500,000 Allocate S1(4:3) (92,400) Allocate S2 (5:2) 52800 39600 (184,800)...
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