Answered step by step
Verified Expert Solution
Question
1 Approved Answer
i need Req 2 and explain it good HR U-books, an online book retailer, has two operating departments--corporate sales and consumer salos--and two support departments-human
i need Req 2 and explain it good
HR U-books, an online book retailer, has two operating departments--corporate sales and consumer salos--and two support departments-human resources and information systems. Each sales department conducts merchandising and marketing operations independently. O - books uses number of employees to allocate human resources costs and processing time to allocate information systems costs. The following data are available for September 2020 Click the icon to view the data) Read the requirements Requirement 1. Allocate the support departments' costs to the operating departments using the direct method (Do not round intermediary calculations. Only round the amount you input in the input field to the nearest dollar Use parentheses or a minus sign when decreasing departments by allocating costs. Enter a "O" for any zero balances Abbreviations used. HR = Human resources Info = Information ) Support Departments Operating Departments Info Systems Corporate Consumer Total Costs incurred 80,000 $ 300,000 $ 940,000 S 495,000 S 1815,000 Allocation of HR costs (80,000) 44,000 36,000 (300.000) 161,290 Allocation of Info System costs 138, 710 O $ 1.145.290 S 689,710 $ 1,815,000 Total budgeted costs of operating departments Requirement 2. Rank the support departments based on the porcentage of their services provided to other support departments. Use this ranking to allocate the support departments costs to the operating dopartments based on the stop down method First, rank, from highest to lowest, the support departments based on the percentage of their services provided to other support departments. (Round percentages to five decimal places.) Support department Percentage Information Systems 20% Human Rosources 7.52688 X Data table A D E 1 B SUPPORT DEPARTMENTS Human Information Resources Systems OPERATING DEPARTMENTS Corporate Consumer Sales Sales $ 80,000 $ 300,000 $ 940,000 $ 495,000 2 Budgeted costs incurred before any 3 interdepartment cost allocations Support work supplied by human 4 resources department 5 Budgeted number of employees Support work supplied by information 6 systems department Budgeted processing time in 7 minutes) 0 20 44 36 280 0 2,000 1,720 nang Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started