Exercise 12-32 Cost Allocation in a College (LO 12-4) Lackawanna Community College has three divisions: Liberal Arts, Sciences, and Business Administration. The college's comptroller is trying 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. Department Admissions Registrar Computer Services Annual Cost $ 90,000 150,000 320,000 Planned Courses Requiring Computer Work Division Liberal Arts Sciences Business Administration Budgeted Enrollment 1,000 800 700 Budgeted Credit Hours 30,000 28,000 22,000 12 24 24 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. Required 1 Required 2 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.) Division Liberal Arts Sciences Business Administration Total Cost Allocated Department and Allocation Base Admissions (enrollment) Registrar (credit hours) Computer Services (courses requiring computer) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Choose the better allocation base for distributing the cost to the following departments: Registrar Computer Services