E7.28 Direct method of support department cost allocation: bank Secure Bank has two support departments: the human resources department and the computing department. The bank also has two departments that service customers directly: the deposits department and the loans department. Usage of the two support departments' output in the year just ended was as follows: LO7.10 Provider of service User of service Human resources Computing 20% 20% Human resources Computing Deposits Loans 50% 60% 30% 20% The budgeted costs in the two support departments for the year just ended were: Human resources Computing $720 000 1 200 000 Required: Use the direct method to allocate the budgeted costs of the human resources and computing departments to the deposits and loans departments. E7.29 LO7.10 Step-down method of support department cost allocation: bank Refer to the data given in Exercise E7.28. Required: Use the step-down method to allocate the budgeted costs of the human resources and computing departments to the deposits and loans departments. Secure Bank allocates the costs of the human resources department first. E7.30 LO7.10 Reciprocal services method of support department cost allocation: bank Refer to the data given in Exercise E7.28. Required: Use the reciprocal services method to allocate the budgeted costs of the human resources and computing departments to the deposits and loans departments