Question: Question 2 Dynatech Financial Services has two divisions, Financial Planning and Business Consulting. The firm's accountants are in the process of selecting an allocation base
Question 2 Dynatech Financial Services has two divisions, Financial Planning and Business Consulting. The firm's accountants are in the process of selecting an allocation base to allocate centrally provided personnel costs to the divisions. Two allocation bases have been proposed: salary and headcount (number of employees). Personnel costs are expected to be $1,450,000. The following data relate to the allocation: Business Financial planning Consulting Salaries $11,545,600 $6,494,400 Headcount 189 81 Prepare a schedule showing the locations to the two divisions using each allocation base Allocation Base Financial Planning Business Consulting Salaries Headcount Question Attemotsio of 1 used SAVE POR LATER SUBMIT
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