Problem 2-68 (Static) Cost Allocation with Cost Flow Diagram (LO 2-3) Merton Electronics operates two retall outlets in Port Wren, one downtown and the other in Docklands. The stores share the use of a corporate staff responsible for functions such as personnel, iT, marketing. purchasing, and so on. The cost of the corporate activities foc inst year was $162,000. The following are the operating results for the two stores for the year: Required: a. Allocate the cost of the corporate activities to the two stores based on: 1. Number of employees: 2 store revonue. (Do not round intermediate calculations), Complete this question by entering your answers in the tabs below. Number of emplorees. Problem 2-68 (Static) Cost Allocation with Cost Flow Diagram (LO 2-3) Merton Electronics operates two retall outlets in Port Wren, one downtown and the other in Docklands. The stores share the use of a corporate staff responsible for functions such as personnel, IT, marketing. purchasing, and so on. The cost of the corporate activities for last year was $162,000. The following are the operating results for the two stores for the year: Required: a. Allocate the cost of the corporate activities to the two stores based on: 1. Number of employees. 2. store revenue. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Store revenue