Scroll Right to answer question => 20 Marks Start Answer Below Label clearly The ABC Company has two products. Product 1 is manufactured entirely in Division X. Product 2 is manufactured entirely in Division Y. To produce these two products, The company has two support divisions: A (a materials-handling division) and B (a power-generating division). a. Direct Method The work done in Division A is measured by the direct labour-hours of materials-handling time. The work done in Division B is measured by the kilowatt-hours of power. The budgeted costs of the support divisions for the coming year are: Supplied by Division X Division Y Used by Support A Support B Material Handling Power Generation $720,000 $430,000 200 500 Total Costs Support A (DLHO) Support B (Kilo Hr) 500 300 350 650 Take decimals to at least 3 decminal places b. Step-down Method Required: a) Use the direct method to allocate the two support divisions' costs. Prepare a schedule showing the total costs allocated to Division X and Division Y. b) Use the step-down method to allocate the two support divisions' costs. Prepare a schedule showing the total costs allocated to Division X and Division Y (Allocate Support A first). Clearly label allocated totals for Division X and Division Y