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You are tasked with allocating departmental expenses for LMN Corporation. Utilize the following data: Expense Category Department A ($) Department B ($) Department C ($)

  1. You are tasked with allocating departmental expenses for LMN Corporation. Utilize the following data:

    Expense CategoryDepartment A ($)Department B ($)Department C ($)
    Salaries$50,000$40,000$30,000
    Utilities$10,000$8,000$6,000
    Maintenance$15,000$12,000$10,000

    Requirements:

    • Allocate the expenses to each department based on a predetermined allocation method.
    • Present the allocated expenses in a detailed table format.
    • Discuss the rationale behind the chosen allocation method.
    • Provide insights into departmental cost management.

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