A consulting firm has two departments, Corporate and Government. Computer support is common to both...
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Accounting
A consulting firm has two departments, Corporate and Government. Computer support is common to both departments. The cost of computer support is $11.24 million. The following information is given:
Gigabytes of Storage
Number of Consultants
Corporate
105,000
135
Government
58,200
175
Required:
What is the cost allocation if fixed computer costs of $7.31 million are allocated on the basis of number of consultants and the remaining costs (all variable) are allocated on the basis of the number of gigabytes of storage used by the department? (Round your answers to the nearest whole dollars. Enter your answers in dollars, not in millions. Do not round intermediate calculations.)
Corporate
Government
Fixed
Variable
Total
Answer & Explanation
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