Phoenix Partners provides management consulting services to government and corporate clients. Phoenix has two support departments-administrative services (AS) and information systems (15 and two operating departments-government consulting (GOVT) and corporate consulting (CORP). For the first quarter of the year, Phoenix's cost records indicate the following: (Click the icon to view the cost records.) Required - X Data table Requirement 1a. Allocate the two support departm minus sign when decreasing departments by alloca the nearest whole dollar. Use parentheses or a SUPPORT AS IS OPERATING GOVT CORP Total S 800,000 $ 2,400,000 $ 6,756,000 $ 12,452,000 $ 24,208,000 Direct Method Budgeted overhead costs before interdepartment cost allocations Allocation of AS costs Budgeted overhead costs before any Interdepartment cost allocations Support work supplied by AS (budgeted head count) Support work supplied by IS (budgeted computer time) 0 25% 40% 35% 100% 10% 0 30% 60% 100% Allocation of IS costs Total budgeted overhead of operating departments Requirement 1b. Allocate the two support departm Use parentheses or a minus sign when decreasing your final answers to the nearest whole dollar. Print Done AS IS GOVT CORP Total Step-down Method Budgeted overhead costs before interdepartment cost allocations Allocation of AS costs S 600,000 S 2.400.000 $ 8,756.000 $ 12,452,000 $24,208,000 (600,000) 150.000 240.000 210,000 Help me solve this Etext pages Get more help Clear all Check answer Phoenix Partners provides management consulting services to government and corporate clients. Phoenix has two support departments administrative services (AS) and information systems (IS) and two operating departments-government consulting (GOVT) and corporate consulting (CORP). For the first quarter of the year, Phoenix's cost records indicate the following: Click the icon to view the cost records.) Required Requirement 1a. Allocate the two support departments' costs to the two operating departments using the direct method. Do not round intermediary calculations, and round your final answers to the nearest whole dollar. Use parentheses or a minus sign when decreasing departments by allocating costs. Enter a "O" for any zero balances.) Support Departments Operating Departments Direct Method AS IS GOVT CORP Total Budgeted overhead costs before interdepartment cost allocations $ 600,000 S 2,400,000 $ 8,756,000 $ 12,452,000 $24, 208,000 Allocation of AS costs (600,000) 320,000 280,000 Allocation of IS costs (2,400,000) B00.000 1,600,000 $ OS Total budgeted overhead of operating departments 0 $ 9,076,000 $ 14.332.000 $24 208.000 Requirement 1b. Allocate the two support departments' costs to the two operating departments using the step-down method (allocate AS first). (Do not round intermediary calculations, and round your final answers to the nearest whole collar, Use parentheses or a minus sign when decreasing departments by allocating costs. Enter a "O" for any zero balances.) Support Departments Operating Departments Step-down Method AS IS GOVT CORP Total Budgeted overhead costs before interdepartment cost allocations $ 600,000 S 2,400,000 $ 8.756.000 $ 12.452,000 $24,208,000 Allocation of AS costs (600,000) ) 150.000 240.000 210,000 Help me solve this Etext pages Get more help Clear all Check answer Phoenix Partners provides management consulting services to government and corporate clients. Phoenix has two support departments administrative services (AS) and information systems (15and two operating departments-government consulting (GOVT) and corporate consulting (CORP). For the first quarter of the year, Phoenix's cost records indicate the following: (Click the icon to view the cost records.) Required Total budgeted overhead of operating departments OS 0$ 9,876,000 $ 14,332,000 $ 24,208,000 Requirement 1b. Allocate the two support departments' costs to the two operating departments using the step-down method (allocate AS first). (Do not round intermediary calculations, and round your final answers to the nearest whole dollar. Use parentheses or a minus sign when decreasing departments by allocating costs. Enter a "o" for any zero balances.) Support Departments Operating Departments Step-down Method AS IS GOVT CORP Total Budgeted overhead costs before interdepartment cost allocations s 600,000 S 2,400,000 $ 8,756,000 $ 12,452,000 $ 24,208,000 Allocation of AS costs (600,000) 150,000 240,000 210,000 S 2,550,000 Allocation of Is costs (2,550,000) 850,000 1,700,000 Total budgeted overhead of operating departments 0 $ 9,846.000 $ 14.362,000 $24,208,000 Requirement 1c. Allocate the two support departments' costs to the two operating departments using the step-down method (allocate IS first). (Do not round intermediary calculations, and round your final answers to the nearest whole dollar. Use parentheses or a minus sign when decreasing departments by allocating costs. Enter a 'C' for any zero balances.) Support Departments Operating Departments Step-down Method AS IS GOVT CORP Total Budgeted overhead costs 0 Help me solve this Etext pages Get more help Clear all Check answer Phoenix Partners provides management consulting services to government and corporate clients. Phoenix has two support departments-administrative services (AS) and information systems (15)and two operating departments-goverment consulting (GOVT) and corporate consulting (CORP). For the first quarter of the year, Phoenix's cost records indicate the following: (Click the icon to view the cost records.) Required CISI Requirement 1c. Allocate the two support departments' costs to the two operating departments using the step-down method (allocate IS first). (Do not round intermediary calculations, and round your final answers to the nearest whole dollar. Use parentheses or a minus sign when decreasing departments by allocating costs. Enter a "0" for any zero balances.) Support Departments Operating Departments Step-down Method AS IS GOVT CORP Total Budgeted overhead costs before interdepartment cost allocations S 600,000 S 2,400,000 $ 8.756.000 $ 12,452,000 $24.208.000 Allocation of IS costs 240,000 (2,400,000) ( 720.000 1.440.000 S $ 840,000 (840,000) Allocation of AS costs 448,000 392,000 0 Total budgeted overhead of operating departments $ 9,924,000 $ 14,284,000 $24,208,000 Requirement 2. Compare and explain differences in the support department costs allocated to each operating department. Begin by entering the total support-department costs allocated to each operating department under each of the methods below. GOVT CORP Direct method Step-down (AS first) -( Step-down (IS first) -( 14,332,000 392,000 1,440,000 Help me solve this Etext pages Get more help Clear all Check