Exercise 24-5 Departmental expense allocations LO P2 Woh Che Co. has four departments, materials, personnel, manufacturing, and packaging. In a recent month, the four departments Incurred three shared Indirect expenses. The amounts of these Indirect expenses and the bases used to allocate them follow. Indirect Expense Supervision Utilities Insurance Total Cost Allocation Base $ 83,200 Number of employees 57,000 square feet occupied 26.000 Value of assets in use $166,200 Departmental data for the company's recent reporting period follow. Employees 45 Department Materials Personnel Manufacturing Packaging Total 1 square feet 42.500 8,500 102,000 17.000 170,000 Asset Values $ 6,700 2.580 16.10 21,440 $57,000 180 1. Use this information to allocate each of the three indirect expenses across the four departments. 2. Prepare a summary table that reports the Indirect expenses assigned to each of the four departments. l?_con=con&external browser=0&launchur #8 - Chapter 24 i Saved Required 1 Required 2 Use this information to allocate each of the three indirect expenses across the four departments. Allocation Base Percent of Allocation Base Numerator Denominato % of Total Cost to be Allocated Allocated Cost Supervision expenses Department Materials Personnel Manufacturing 0 0 0 0 0 0 Packaging Totals Utilities Department Materials Allocation Base Percent of Allocation Base Numerator Denominato % of Total Cost to be Allocated Allocated Cost 0 0 Personnel Manufacturing Packaging Totals 0 0 0 0 Insurance Allocation Base Percent of Allocation Base Cost to be Allocated Allocated Cost Numerator Denominato % of Total 0 0 Department Materials Personnel Manufacturing Packaging Total 0 O 0 Pecite 2 Total 189 170,000 $67,000 1. Use this information to allocate each of the three indirect expenses across the four depar 2. Prepare a summary table that reports the Indirect expenses assigned to each of the four Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a summary table that reports the indirect expenses assigned to each of the four depart nces Supervision Utilities Insurance Total 0 O Materials Personnel Manufacturing Packaging Totals 0 0 $ 0 $ 0