How do you find the percentage of the support departments for requirement 2? thank you....

80.2K

Verified Solution

Question

Accounting

How do you find the percentage of the support departments for requirement 2?
thank you.
image
image
image
Requirement 2. Runk the support departments based on the percentage of their services provided to sther support departments. Use this ranking to allocate the support department costs to the operating departments based on the step down method First, rank from highest to lowest, the support departments based on the percentage of their services provided to other support departments (Round percentages to five decimal places) Percentage Support department Human Resources troformation Systems 12 Data table C D E SUPPORT OPERATING DEPARTMENTS DEPARTMENTS Human Information Corporate Consumer Resources Systems Sales Sales $ 72,700$ 234,400 $ 998,270 $ 489,860 2. Budgeted costs incurred before any 3 interdepartment cost allocations Support work supplied by human 4 resources department 5 Budgeted number of employees Support work supplied by information 6 systems department Budgeted processing time (in 7 minutes) 0 21 42 28 320 1.920 1600 Support Departments Operating Departments HR Info Systems Corporate Consumer Total Costs incurred $ 72,700 234 1001S 999,270 489 860 5 1795230 Allocation of HR costs (72700) 43.520 29.000 031400) 127 855 1061545 Allocation of Into System cost 5 OS 0169.745 S 525,485 S 1795,230 Total budgeted costs of operating departments Requirement 2. Rank the support departments based on the percentage of their services provided to other support departments Use this ranking to allocate the support department costs to the operating departments based on the step down method First rank from highest to lowest the support departments based on the percentage of their services provided to other support departments (Round percentages to five decimalla Page

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students