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What are the differences between single and dual rate allocation? Explain with suitable examples.     b) Provide a numerical example for single rate allocation and dual rate allocation and explain the process of allocating support department costs to the operating department, assuming that: The company has two support departments “S1 & S2” and two operating departments “O1 & O2.” The company use the direct method to allocate support department costs.       Note: You are required to provide numerical examples assuming the values of your own and they should not be copied from any sources.

What are the differences between single and dual rate allocation? Explain with suitable examples.     b) Provide a numerical example for single rate allocation and dual rate allocation and explain the process of allocating support department costs to the operating department, assuming that: The company has two support departments “S1 & S2” and two operating departments “O1 & O2.” The company use the direct method to allocate support department costs.       Note: You are required to provide numerical examples assuming the values of your own and they should not be copied from any sources.

Principles of Cost Accounting
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter4: Accounting For Factory Overhead
Section: Chapter Questions
Problem 16Q: When using the sequential distribution method of distributing service department costs, if a service...
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What are the differences between single and dual rate allocation? Explain with suitable examples.    

b) Provide a numerical example for single rate allocation and dual rate allocation and explain the process of allocating support department costs to the operating department, assuming that:

  • The company has two support departments “S1 & S2” and two operating departments “O1 & O2.”
  • The company use the direct method to allocate support department costs.      

Note: You are required to provide numerical examples assuming the values of your own and they should not be copied from any sources.   

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