Required information Milford Industries provides medical equipment to oncology and surgical units in major hospitals. Milford allocates indirect costs to five departments and redistributes the IDC for Quality Assurance and Engineering to the other three departments monthly. The table summarizes IDC allocation and direct labor (DL) hours for one month. Department Production Subassemblies Final assembly Quality assurance Engineering IDC Allocation, $ 30,000 20,000 10,000 8,500 26,000 NOTE: This is a multi-part question. Once an answer is submitted, you will be unable to return to this part. Production = $ 54.54 Subassemblies = $1 Final assembly = $ 18.18 Actual DL Hours 550 1050 650 Determine the IDC redistribution for each of the three departments. The IDC redistribution is as follows: 36.36

Required information Milford Industries provides medical equipment to oncology and surgical units in major hospitals. Milford allocates indirect costs to five departments and redistributes the IDC for Quality Assurance and Engineering to the other three departments monthly. The table summarizes IDC allocation and direct labor (DL) hours for one month. Department Production Subassemblies Final assembly Quality assurance Engineering IDC Allocation, $ 30,000 20,000 10,000 8,500 26,000 NOTE: This is a multi-part question. Once an answer is submitted, you will be unable to return to this part. Production = $ 54.54 Subassemblies = $1 Final assembly = $ 18.18 Actual DL Hours 550 1050 650 Determine the IDC redistribution for each of the three departments. The IDC redistribution is as follows: 36.36

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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