No 4.

please help its very urgent

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 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 30:30:40 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 aliocated to individual clients based on the professional time consumed in the respective department. The Assurance. Tox Advisory, and Business Advisory departments recorded 9,600,8,100, and 6.600 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 (5) above, assign the costs to clients X and Y. Client X required 400,540 and 660 hours of professional time, respectively. in the Assurance. Tax Advisory and Business Advisory departments, whereas client Y required 660 , 810 and 260 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: 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: 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.)