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accounting for overheads

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › accounting for overheads

  • This topic has 3 replies, 2 voices, and was last updated 1 year ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • December 9, 2023 at 4:37 am #696447
    Anonymous
    Inactive
    • Topics: 7
    • Replies: 3
    • ☆

    Question
    An accountant is using the repeated distribution method to reapportion service department costs. The following table shows the work she has done so far. Figures that are yet to be calculated are shown as “???”.

    Production department 1 Production department 2 Service department X Service department Y
    $ $ $ $
    Apportioned and allocated
    production overheads 60,000 80,000 20,000 10,000
    Service department X 8,000 10,000 –20,000 2,000
    Service department Y 7,200 4,200 600 12,000
    Service department X ??? ??? -600 0
    Total production overhead ??? ??? 0 0
    10. What is the total production overhead for production department 1 after the remaining reapportionment of the overheads of service department X (to the nearest $)? (Answer in $)

    December 9, 2023 at 9:14 am #696466
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54701
    • ☆☆☆☆☆

    Please do not type out a full question and expect to be provided with a full answer. You must have an answer in the same book in which you found the question so ask about whatever it is in the answer that you do not understand and then I will explain.

    Have you watched my free lectures on the reapportionment of overheads, where the approach is explained in detail with examples?

    December 9, 2023 at 12:58 pm #696483
    Anonymous
    Inactive
    • Topics: 7
    • Replies: 3
    • ☆

    moffat i could nt type the question properly and its in the acca study hub in ln 5 practice question no 16 in that they use fifo how do they do it in that sum,can u explain me pls

    December 10, 2023 at 9:55 am #696539
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54701
    • ☆☆☆☆☆

    I am abroad at the moment and so I will n to be able to check the Study Hub until I am back home on Tuesday. Please ask me again on Tuesday to remind me 🙂

    In the meantime, I ask again – have you watched my free lectures on repeated distribution apportionment?

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    Posts
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