Jackman industries has two service departments, maintenance and power, and two operating departments, production and assembly. management has decided to allocate maintenance costs on the basis of direct-labor hours in each department and power costs on the basis of machine hours. the following data were experienced by the company in the current period: maintenance power production assembly direct labor hours 0 400 4,000 2,000 machine hours 2,000 0 8,400 1,600 department direct costs $ 9,000 $ 20,000 $ 70,000 $ 50,000 what is the total service cost allocated to the production department during the period if the direct method of cost allocation is used?

cognitive overload: having a lot on your mind impairs decision-making and tends to result in the simplest, but not necessarily best, option being selected.

empathy gaps: overlooking how you might feel in a different situation can result in unnecessary purchases, such as overbuying when shopping for food on an empty stomach.

optimism and overconfidence: wearing rose-tinted glasses and having unrealistic expectations about the future can affect money management and leave you unprepared for a change in circumstance.

instant gratification: seeking instant gratification drives impulsive spending and can undermine long-term planning and savings.

harmful habits: automatic or mindless behaviour can amplify a poor financial decision as it becomes a recurring event.

social norms: we are heavily influenced by the actions of others; while this can be in certain circumstances, it also contributes to the pressure to keep up with the joneses through conspicuous consumption.

answer; balance sheets;