PROBLEM3 - 30 Points H&R Clock provides bookkeeping services to clients in New York and California H&R Clock has two support departments Accounting (ACC) and information technology (IT) and two operating divisions Public Companies and Private Companies. For the first quarter of 2020, the accounting records of the H&R Clock were as follows: IT ACC $600,000 Budgeted Cost ACC $2,400,000 25% PUBLIC $9,000,000 35% PRIVATE $25,000,000 40% 40% IT 10% 50% Required: Allocate the two support departments' costs to the two operating departments using the following methods: a. Direct method b. Step-down method (allocate IT first) c. The reciprocal method