Allocating Service Department Costs: Allocation Basis Alternatives Assume Genzink Steel, a metal fabrication company, has two producing departments, P1 and P2, and one service department, 51. Estimated overhead costs per month are as follows: P1 $2,000,000 750,000 1,000,000 P2 S1 Other data follow: P1 P2 Numbers of employees Production capacity (units) Space occupied (square feet) Five-year average of S1's service output used 50 30 75,000 20,000 57,600 22,400 60% 40% P1 For each of the following allocation bases, determine the total estimated overhead cost for P1 and P2 after allocating S1 cost to the producing departments. Note: Do not round computations until your final answer, then round to the nearest whole number, when needed. P2 1. Based on number of employees $ $ 2. Production capacity in units 3. Space occupied 4. Five-year average of S1 services used 5. Estimated direct overhead costs $