Sequential (Step) Method of Support Department Cost Allocation Chekov Company has two support departments, Human Resources and General Factory, and two producing departments, Fabricating and Assembly. The costs of the Human flesources Department are allocated on the basis of number of employees, and the costs of General Factory are allocated on the basis of square footage Now assume that Chekov Company uses the sequential method to allocate support department costs. The support departments are ranked in order of highest cost to lowest cost Requiredt 1. Calculate the allocation ratios (rounded to four significant digits) for the four departments using the sequential methodi. if an amaunt is zero, enter "o-, Use the rounded values for subsequent calculations. A. vamive the sequencul method, allocate the costs of the Human Resources and Generai Factory departments to the Fabricating and Assembly departments, If an amount is zero, enter" 0 ". Round your answers to the nearest doltar. Tomber wist 1. The sequential methed, os well as direct and reciprocal methods, allocates all support department costs to the producing departments 2. The sequential (or Mep) method ranks support departments and allocotes from top ranking to lower ranking. Some recoprocity is recognized. After allocabion, zero cost remains in the support departments. Pre-allocation total overheod must equal post-allocation overhead. See Example-7.4