Assignment No. 2: CH 3 (Drury): Cost Assignment 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 Allocation of support departments Si P2 10% S2 P1 40% 50% 10,000 20% 4,500 50% 30% 15,000 Direct costs 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 Question 11 ABC Corporation had pretax profits of AED 12 million, an werage tax rate of 35%, it paid preferred stock dividends of AED 160.000 de leite AED 230.00 0.00 mm interest expens. What was ABC Corporation's earnings per share EPS