Exercise 1231 Cost Allocation in a College (LO 12-4) Lackawanna Community College has three divisions: Liberal Arts, Sclences, and Business Administration. The college's comptroller Is trylng to decide how to allocate the costs of the AdmIssions Department, the Registrar's Department, and the Computer Services Department. The comptroller has compiled the following data for the year just ended. Required: 1. Distribute the departmental costs to the college's three divisions based on the allocation base given. 2. Choose the better allocation base for distributing the cost to the following departments: Complete this question by entering your answers in the tabs below. Choose the better allocation base for distributing the cost to the following departments: Exercise 1231 Cost Allocation in a College (LO 12-4) Lackawanna Community College has three divisions: Liberal Arts, Sclences, and Business Adminlstration. The college's comptroller Is trylng to decide how to allocate the costs of the AdmIssions Department, the Registrar's Department, and the Computer Services Department. The comptroller has compiled the following data for the year just ended. Required: 1. Distribute the departmental costs to the college's three divisions based on the allocation base given. 2. Choose the better allocation base for distributing the cost to the following departments: Complete this question by entering your answers in the tabs below. Distribute the departmental costs to the college's three divisions based on the allocation base given. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar.)