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Secure Bank has two support departments: the human resources department and the computing department. The bank also has two departments that service customers directly: the
Secure Bank has two support departments: the human resources department and the computing department. The bank also has two departments that service customers directly: the deposits department and the loans department. Usage of the two support departments' output in the year just ended was as follows: Provider of service User of service Human resources Computing 20% Human resources Computing Deposits 20% 50% 60% Loans 30% 20% The budgeted costs in the two support departments for the year just ended were: Human resources $720 000 Computing 1 200 000 Required: Use the reciprocal services method to allocate the budgeted costs of the human resources and computing departments to the deposits and loans departments
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