KV Accounting and Business Consultants provides a variety of consulting services to a diverse range of clients. The company has three support departments and three revenue-generating departments, whose cost details for a typical quarter are presented below:

Support Departments
IT Support	$	286,000
Admin Support		718,000
Facilities Support		203,400
Revenue-Generating Departments
Assurance		871,200
Tax Advisory		626,000
Business Advisory		794,100
	$	3,498,700

The existing cost allocation system is designed as follows: (1) the support department costs are allocated to the three revenue-generating departments, and (2) the revenue-generating department costs are allocated to individual clients. The support department costs are allocated to the revenue-generating departments as follows: (1) IT Support costs are allocated to Assurance, Tax Advisory, and Business Advisory using a 40:20:40 ratio, (2) Admin Support costs are allocated using a 50:20:30 ratio, and (3) Facilities Support costs are allocated using a 35:35:30 ratio. The costs accumulated in the three revenue-generating departments are allocated to individual clients based on the professional time consumed in the respective department. The Assurance, Tax Advisory, and Business Advisory departments recorded 10,200, 8,700, and 7,200 hours, respectively, for the quarter.

Required:

1. Compute the predetermined cost allocation rates for the three revenue-generating departments. (Round your answers to 2 decimal places.)

2. Using the rates computed in Requirement (1) above, assign the costs to clients X and Y. Client X required 460, 600 and 720 hours of professional time, respectively, in the Assurance, Tax Advisory and Business Advisory departments, whereas client Y required 720, 870 and 320 hours of professional time. (Do not round intermediate calculations. Round your answers to the nearest whole dollar.)

3. You have recently learned about activity-based costing and decide to use six activity cost pools, one for each department. The additional information you have collected is as follows:

Activity Cost Pool	Cost Driver (allocation base)	Allocation Base Quantity
IT Support	IT time		16,800	hours
Admin Support	Sales revenue	$	69.58	million
Facilities Support	Total professional time		24,270	hours
Assurance	Assurance professional time		10,200	hours
Tax Advisory	Tax advisory professional time		8,700	hours
Business Advisory	Business advisory professional time		7,200	hours

Compute the predetermined allocation rate for each activity cost pool. (Round your answers to 2 decimal places.)

4. In addition to the Assurance, Tax Advisory, and Business Advisory time specified in Requirement (2) above, the two clients consumed the following additional resources:

Resource	Client X			Client Y
IT time (hours)		470			270
Sales revenue	$	1,472,400		$	981,600

Assign the costs to the two clients using activity-based costing. (Round intermediate calculations to 2 decimal places and final answers to the nearest dollar amount.)