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Step method Prosperous Bank has three support areas (administration, human resources, and accounting) and three revenue-generating areas (checking accounts, savings accounts, and loans). Monthly direct
Step method Prosperous Bank has three support areas (administration, human resources, and accounting) and three revenue-generating areas (checking accounts, savings accounts, and loans). Monthly direct costs and the interdepartmental support structure are shown in the following benefitsprovided ranking: Compute the total cost for each revenue-generating area of the bank using the step-method of cost allocation. Note: Do not round proportions in your calculations; round your final answer to the nearest whole dollar. Percentage of Service Used by \begin{tabular}{|l|r|r|r|r|r|r|r|} \hline \multicolumn{1}{|c|}{ Department } & Direct Costs & Admin. Human Resources & Accounting & Checking & Savings Loans \\ \hline Administration & $1,296,000 & & 10 & 30 & 40 & 10 \\ \hline Human resources & 864,000 & 10 & 10 & 30 & 20 & 30 \\ \hline Accounting & 720,000 & 10 & 10 & & 40 & 20 & 20 \\ \hline Checking & 1,512,000 & & & & & \\ \hline Savings & 810,000 & & & & & \\ \hline Loans & 1,620,000 & & & & & \\ \hline \end{tabular}
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