Question: Answer the Two Questions Given please as both are related with your own words - i will not accept copy paste 1. Leader Company has
Answer the Two Questions Given please as both are related with your own words - i will not accept copy paste

1. Leader Company has two support departments (S1 and S2) and two producing departments (P1 and P2). Estimated direct costs and percentages of services used by these departments are as follows: S1 S2 10% Allocation of support departments Si S2 Direct costs P1 40% 50% 10,000 P2 50% 30% 15,000 20% 4,500 8,000 Required: a. Prepare a schedule allocating the support department costs to the producing departments using the direct allocation method. b. Prepare a schedule allocating the support department costs to the producing departments using the sequential allocation method. 2. Describe the differences between support and producing departments. Give two examples of each
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