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PLEASE SOMEBODY HELP ME WITH THIS QUESTION Bareld Corporation prepares business plans and marketing analyses for startup companies in the Cleveland area. Barfield has been

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PLEASE SOMEBODY HELP ME WITH THIS QUESTION

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Bareld Corporation prepares business plans and marketing analyses for startup companies in the Cleveland area. Barfield has been very successful in recent years in providing effective service to a growing number of clients. The company provides its service from a single ofce building in Cleveland and is organized into two main client-service groups: one for market research and the other for financial analysis. The two groups have budgeted annual costs of $550000 and $840,000, respectively. In addition. Bareld has a support staff that is organized into two main functions: one for clerical. facilities. and logistical support (called the CFL groupi and another for computer-related support. The CFL group has budgeted annual costs of $513,000. while the annual costs of the computer group are $524000. Tom Brady, CFO of Bareld, plans to prepare a departmental cost allocation for his four groups. and he assembles the following information. Percentage of estimated dollars of work and time by CFL group: ll'Reervice to the computer group ZIeervioe to market research \"mtservice to financial analysis Percentage of estimated dollars of work and time by the computer group: Elmservice to the CPI. group SIRservice to market research itservice to financial analysis Required: Determine the total cost in the nancial analysis and market research groups, after departmental allocation, using {a} the direct method. [b] the step method when the sourcing department that provides the greatest percentage of services to other service departments goes rst, and [c] the reciprocal method. {Round percentage calculations to 4 decimal places {e.g.. 33.333395]. intermediate calculations and final answers to the nearest dollar amount.) Required: Determine the total cost in the financial analysis and market research groups, after depanmental allocation, using {a} the direct method. lb] the step method when the sourcing department that provides the greatest percentage of services to other service departments goes rst, and [c] the reciprocal method. {Round percentage calculations to 4 decimal places {e.g., 33.333395}. Intermediate calculations and final answers to the nearest dollar amount.) . The direct method it. The step method c. The reciprocal method

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