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Exercise 11-27 (Algo) Cost Allocation: Direct Method (LO 11-1) Woodstock Binding has two service departments, it (Information Technology) and HR (Human Resources), and two operating

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Exercise 11-27 (Algo) Cost Allocation: Direct Method (LO 11-1) Woodstock Binding has two service departments, it (Information Technology) and HR (Human Resources), and two operating departments. Publishing and Binding Management has decided to allocate IT costs on the bass of IT Tickets issued with each IT request) in each department and HR costs on the bass of employees in each department. The following data appear in the company tecords for the current petiod Required: Use the direct method to allocate these servce department costs to the opetating departments Note: Amounts to be deducted should be indicated by a minus sign. Do not round intermediate calculations. Round "Publishing" and "Binding" answers to 2 decimal ploces

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