Exercise 11-30 Cost Allocation: Step Method (LO 11-3) University Printers has two service departments (Maintenance and Personnel) and two operating departments (Printing and Developing). Management has decided to allocate maintenance costs on the basis of machine-hours in each department and personnel costs on the basis of labor-hours worked by the employees in each The following data appear in the company records for the current period Maintenance PersonnelPrinting Developing 1,000 500 $12,000 $15,000 3,000 2,000 $10,000 Machine-hours Labor-hours Department direct costs 1,000 500 5,000 Required Allocate the service department costs using the step method, starting with the Maintenance Department. (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations.) Answer is complete but not entirely correct. Printing Maintenance Personnel Developing |$ 5,000$ (5,000) Service department costs Maintenance Personnel Total costs allocated 12.000 7,000 1,235 X 4,265 8,500 0 $ 7,000 3,585 12,765 (12,000) 2,350