Answer the Following Question(s)using the Information Below

question 88

Multiple Choice

Answer the following question(s) using the information below.Joanne, owner of Automated Fabric, Inc., is interested in using the reciprocal allocation method.The following data from operations were collected for analysis:
Budgeted manufacturing overhead costs:
Services furnished:

-What is the complete reciprocated cost of the Personnel Department?

• A)$92,500
• B)$93,803
• C)$80,000
• D)$105,000
• E)$165,634

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Definitions:

Office of the Comptroller

The Office of the Comptroller is a government agency responsible for overseeing the execution of government or corporate financial policies and procedures.

Fair Credit Reporting Act

A federal law in the United States designed to protect the accuracy, fairness, and privacy of consumer information contained in the files of consumer reporting agencies.

Consumer Credit Report

A document detailing an individual's credit history, used by lenders to assess creditworthiness for loans and credit.

Binding Credit Obligation

A legally enforceable promise or agreement that requires an individual or business to repay borrowed money or fulfill financial commitments.