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Sequential (Step) Method of Support Department Cost Allocation Chekov Company has two support departments, Human Resources and General Factory, and two producing departments, Fabricating and Assembly. The costs of the Human Resources Department are allocated on the basis of number of employees, and the costs of General Factory are allocated on the basis of squan footage. Now assume that Chekov Company uses the sequential method to allocate support department costs. The support departments are ranked in order of highest cost to lowest cost. Required: 1. Colculate the allocation ratios (rounded to four significant digits) for the four departments using the sequential method, if an amount is zero, enter " 0 ". Use the rounded values for subsequent calculations. 1. Calculate the atiocation ratios (rounded to four significant digits) for the four departments using the sequential method. If an amount is zero, enter " 0 ", Use the rounded values for subsequent calculations. 2. Using the sequential method, allocate the costs of the Human Resources and General Factory departments to the Fabricating and Assembly departments, If an amount is zero, enter" 0. Ros nd your answers to the nearest dellar. Feteliach Chea by was 1. The sequential method, as weil as direct and reciprocal methods, allocates all support department costs to the producing tepartments. 2. The sequental (or step) method ranks support departments and allocates from top ranking to lower ranking. Some reciprocity is recognized, After atocation. zero cost remains in the support departments, Pre-allocation total overhead must equal post-allocation overhead