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 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