Question: Exercise 4 - 2 A ( Algo ) Allocating costs between divisions LO 4 - 2 Gibson Services Company has 5 5 employees, 3 0

 Exercise 4-2A (Algo) Allocating costs between divisions LO 4-2 Gibson Services

Exercise 4-2A (Algo) Allocating costs between divisions LO 4-2
Gibson Services Company has 55 employees, 30 of whom are assigned to Division A and 25 to Division B. Gibson incurred $328,350 of fringe benefits cost during Year 2.
Required
Determine the amount of the fringe benefits cost to be allocated to Division A and to Division B.
Answer is complete but not entirely correct.
\table[[Division,\table[[Allocated],[Cost]]],[A,$160,420x
Company has 55 employees, 30 of whom are assigned to Division A

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