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(12Pts.) Howard Company has two support departments (S1 and 52) and two producing departments (P1 and P2). Department S1 costs are allocated on the basis
(12Pts.) Howard Company has two support departments (S1 and 52) and two producing departments (P1 and P2). Department S1 costs are allocated on the basis of number of employees, and Department S2 costs are allocated on the basis of space occupied expressed in square feet. Data on direct department costs, number of employees, and space occupied are as follows: S1 S2 P1 P2 $30,000 $7,500 $11,000 $27,500 Direct dept. costs Number of employees Space occupied (sq. ft.) 10 5 20 25 1.000 500 1,500 2,500 Howard uses the SEQUENTIAL method to allocate support departments costs using the order of from highest costs to lowest costs. Allocate the support departments. Round all % to 4 decimal places. You must show ALL your work to get credit for a correct answer or to receive partial credit for an incorrect
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