Problem $11-60($Algo$)$ Cost Allocation: Step and Reciprocal Methods $($LO $11-1)$

Dunedin Bank has two operating departments $($Retail and Commercial$)$ and three service departments: Operations, Information Technology $($IT$),$ and Transactions. For the last period, the following costs and service department usage ratios were recorded:

$\backslash$table$[[\backslash$table$[[$Supply$$ng$],[$Department$]],$Using Department$],[$Transactions$,$IT$,$Operations,Retail,Comercial$],[$Transactions$,,8,,78\%,30\%$