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 $ 82,500 Number of employees 54,000 square feet occupied 24.500 Value of assets in use $161, Departmental data for the company's recent reporting period follow. Employees Department Materials Personnel Manufacturing Packaging Total Square Feet 49,00 14,600 56,00 21,880 149.288 Asset Values $ 6,480 3,840 32.648 21, 120 $64,000 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 1 Required 2 Use this information to allocate each of the three indirect expenses across the four departments Allocation Base Cost to be Allocated Allocated Cost Percent of Allocation Base Numerator Denominator % of Total Supervision expenses Department Materials Personnel Manufacturing Packaging Totals Utilities Allocation Base Cost to be Allocated Allocated Cost Percent of Allocation Base Numerator Denominator % of Total Department Materials Personnel Manufacturing Packaging Totals Allocation Base Cost to be Allocated Allocated Cost Percent of Allocation Base Numerator Denominator % of Total Insurance Department Materials Personnel Manufacturing Packaging Totals Required 2 > 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. 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 departments Supervision Utilities Insurance Total Materials Personnel Manufacturing Packaging Totals