Question: a . Set up the iterative formulas to compute the costs allocated to each support department using the reciprocal method. b . Use formulas to
a Set up the iterative formulas to compute the costs allocated to each support department using the reciprocal method.
b Use formulas to calculate the amount allocated from the three service departments to the two locations, use the reciprocal method.
c Prepare a clustered column chart showing the allocations of each support department's cost and total support costs allocated to each operating department. Include a descriptive chart title and axes labels, properly formatted amounts on the axes, a legend, and display dollar amounts as data labels on the columns.
d Examine the chart and discuss the pattern in the consumption of resources.
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