Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Lackawanna Community College has three divisions: Liberal Arts, Sciences, and Business Administration. The college's comptroller is trying to decide how to allocate the costs of
Lackawanna Community College has three divisions: Liberal Arts, Sciences, and Business Administration. The college's comptroller is trying to decide how to allocate the costs of the Admissions Department, the Registrar's Department, and the Computer Services Department. The comptroller has compiled the following data for the year just ended Department Admissions Registrar Computer Services Annual Cost $134,000 229,000 484,000 Budgeted Planned Courses Requiring Computer Work 29 41 Budgeted Credit Enrollment Hours 47,000 40,750 34,750 Division Liberal Arts Sciences Business Administration 2,700 1,650 1,550 Required 1. Distribute the departmental costs to the college's three divisions based on the allocation base given 2. Choose the better allocation base for distributing the cost to the following departments: Complete this question by entering your answers in the tabs below. Required 1 Required 2 Distribute the departmental costs to the college's three divisions based on the allocation base given. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar.) Division Total Cost Liberal Arts SciencesAdministration Allocated Business Department and Allocation Base Admissions (enrollment) Registrar (credit hours) Computer Services (courses requiring computer)
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