Question: Please help me solve this. Thank you! Woodstock Binding has two service departments, IT (Information Technology) and HR (Human Resources), and two operating departments. Publishing
Woodstock Binding has two service departments, IT (Information Technology) and HR (Human Resources), and two operating departments. Publishing and Binding. Management has decided to allocate IT costs on the basis of IT Tickets (issued With each IT request) in each department and HR costs on the basjs of employees jn each department The following data appear in the company records for the current period: TPbishing IT tickets Employees Department direct costs Required: 16 S 154,eee 1,500 $ 264,600 1,500 24 $ 430so 4,5e $ 39e,e Use the step method to allocate the Service costs, using the following: a. The order of allocation starts With IT b. The order of allocation starts With HR. e Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Use the step method to allocate the service costs, using the following: The order of allocation starts with HR. Note: Amounts to be deducted should be indicated by a minus sign. Do not round intermediate calculations. Cost Allocation To'. Publi?hing Binding Service departrnent costs Total costs s 264.6000 s 154,000 e s (264,600) 52,920 s (206,920) O s s o s o 430.0000 s 79,3800 s 51,730 561,110 390,000 0 132,300 155,190 677,490
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