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instructions help Homework #11 - Chapter 11 Question 1 (of 4) Save & Exit Submit 1 value: 5.00 points Problem 11-54 Cost Allocation: Step and
instructions help Homework #11 - Chapter 11 Question 1 (of 4) Save & Exit Submit 1 value: 5.00 points Problem 11-54 Cost Allocation: Step and Reciprocal Methods (LO 11-3, 4) Great Easterm Credit Union (GECU) has two operating departments (Branches and Electronic) and three service departments (Processing, Administration, and Maintenance). During July, the following costs and service department usage ratios were recorded: Using Department Maintenance Supplying Department Processing Electronic 40% 40% 60% $1,750,000 Processing Administration Branches 10% 60% 15% 50% Administration Maintenance Direct cost 0 0 0 10% 15% $85,000 $550,000 $270,000 $4,500,000 Required: Allocate the service department costs to the two operating departments using the reciprocal method. Allocated to: Costs Processing Administration Branches Electronic Maintenance Processing Administration 0$ Total References eBook & Resources
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