M2Q7

Sequential (Step) Method of Support Department Cast Allocation Chekov Company has two support departments, Human Fesources and General Factory, and two producing departments, Fabricating and Assembly. The costs of the Human Resources Department are allocated on the basis of number of employees, and the costs of General Factory are allocated on the basis of square footage. Now assume that Chekov Company uses the sequential method to allocate support bepartment costs. The support departments are ranked in order of highest cost to lowest cost. 1. Caiculate the allocation ratios (rounded to four significant digits) for the four departments using the sequential method. If an amount is zero, enter "o". Use the rounded values for subsequent calculations. 2. Using the sequential method, allocate the costs of the Human Resources and General Factory departments to the Fabricavng and Assembly departments. If an amount is zero, enter" 0. Round your answers to the nearest dollar