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please provide answer fpr the wrong one and how you got it thanks! Return to question Exercise 17-23 Reciprocal-Services Method; Bank (Appendix) (LO 17-6) Tuscaloosa
please provide answer fpr the wrong one and how you got it thanks!
Return to question Exercise 17-23 Reciprocal-Services Method; Bank (Appendix) (LO 17-6) Tuscaloosa National Bank has two service departments, the Human Resources (HR) Department and the Computing Department. The bank has two other departments that directly service customers, the Deposit Department and the Loan Department. The usage of the two service departments' output for the year is as follows: 0:55 User of Service HR Computing Deposit Loan Provider of Service HR Computing 159 159 654 55% 204 304 The budgeted costs in the two service departments for the year are as follows: HR Computing $579,000 808,500 The budgeted costs in the two service departments for the year are as follows: HR Computing $579,000 808,500 Required: Use the reciprocal-services method to allocate the budgeted costs of the HR and Computing departments to the Deposit and Loan departments. (Do not round your intermediate calculations and round final answers to the nearest dollar amount.) Answer is complete but not entirely correct. Provider of Service Deposit Loan Allocation of HR Department costs $ 465,656 $ 143,279 Allocation of Computing Department costs 5,037.780 274,788 Total costs allocated to each department $ 5,503,436 $ 418,067 Step by Step Solution
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