How do you allocate assets for cost accounting hw question?

· Here are the questions, I'm really stuck on where to go. Any help would be much appreciated.

The company has two buildings including associated land. One building and its land has been dedicated to the fabrication portion of the manufacturing process and the other building/ land plays multiple roles. The other building is the location for the executive offices, the accounting department, the assembly portion of the manufacturing process, and a service organization that maintains and repairs production equipment for both fabrication and assembly. The first building/ land costs $10,000 and the second building/ land is also $10,000. Both buildings were purchased at the same time and have the same life expectancy.

The breakout of square feet in the second building is 30% for the executive offices, 30% for the Accountants, 30% for the assembly function, and 10% for the service function.

· There are 3 machines in the first building supporting fabrication. The costs are distributed as follows: 80% of the time is dedicated to producing the product and 20% represents the time used for machine maintenance. There are two machines in the second building that also have 80% for product build and 20% maintenance.

· The direct labor personnel dedicate 75% of their time to actually building the product, 20% for improvement projects, and 5% to community service. Indirect personnel (including the service organization) support the manufacturing process 80% of the time, 15% is dedicated to improvement projects, and 5% of their time to community service. Finally, the sales and administration organizations dedicates 70% of their time to their prime responsibilities, spend 25% of the time on improvement projects , and 5% on community service,

· There are a total of 10 notes of which the first one will become due during the current year. The 10 notes are of equal value.

· The Bonds included in this problem have a remaining life of 8 years before they are due. The interest has already been accrued for the current period.