Table 4 shows the cost centers for the Life Insurance Projects functional center and a description of the activities in each cost center that make up that functional center. Based on this information, is the proposed basis for allocating expenses for these cost centers accurate? Why? How could it be improved?

Keep in mind this is for an insurance company. We are not really provided any other information.

Expense Table 4: Cost Level Data for Life Insurance Projects Function 19008 Life Insurance Projects Cost Center Number Cost Center Products Supported 19008-001 Whole Life Series 2 Update Whole Life Series 2 19008-002 Variable Life Series 2 Update Variable Life Series 2 19008-003 Term Life New Horizon Update Term Life New Horizon 19008-004 Secure Life Project Secure Life Project Activity Update system to reflect 2012 changes in policy conditions Update system to reflect 2012 changes in policy conditions Update system to reflect 2012 changes in policy conditions System modifications for new secure life product Total $ 12,425 11,429 13,152 101,444 $ 138,450