Homework Answers
Answer: a-1) Human Resource Department cost allocation - Step Method
| Department | Allocation Rate | x | Weight of Base | = | Allocated Cost |
| Billing | 1,800 | x | 50 | = | 90,000 |
| Healthcare | 1,800 | x | 201 | = | 361,800 |
| Retail | 1,800 | x | 151 | = | 271,800 |
| Legal Services | 1,800 | x | 98 | = | 176,400 |
| Total | 500 | 900,000 |
a-2) Billing Department cost allocation - Step Method
| Department | Allocation Rate | x | Weight of Base | = | Allocated Cost |
| Healthcare | 0.1 | x | 10,100,000 | = | 1,010,000 |
| Retail | 0.1 | x | 5,650,000 | = | 565,000 |
| Legal Services | 0.1 | x | 4,250,000 | = | 425,000 |
| Total | 20,000,000 | 2,000,000 |
Working:
Billing Department Cost = Annual cost + Allocated cost to HR Department
= $ 1,910,000 + 90,000
= $2,000,000
b-2) Human Resource Department cost allocation - Direct Method
| Department | Allocation Rate | x | Weight of Base | = | Allocated Cost |
| Healthcare | 2,000 | x | 201 | = | 402,000 |
| Retail | 2,000 | x | 151 | = | 302,000 |
| Legal Services | 2,000 | x | 98 | = | 196,000 |
| Total | 450 | 900,000 |
b-2) Billing Department cost allocation - Direct Method
| Department | Allocation Rate | x | Weight of Base | = | Allocated Cost |
| Healthcare | 0.0955 | x | 10,100,000 | = | 964,550 |
| Retail | 0.0955 | x | 5,650,000 | = | 539,575 |
| Legal Services | 0.0955 | x | 4,250,000 | = | 405,875 |
| Total | 20,000,000 | 1,910,000 |
c-1) Total Allocated Cost - Step Method
| Department | Human Resources | + | Billing | = | Total Allocated Cost |
| Healthcare | 361,800 | + | 1,010,000 | = | 1,371,800 |
| Retail | 271,800 | + | 565,000 | = | 836,000 |
| Legal Services | 176,400 | + | 425,000 | = | 601,400 |
| TOTAL | 2,809,200 |
c-2) Total Allocated Cost - Direct Method
| Department | Human Resources | + | Billing | = | Total Allocated Cost |
| Healthcare | 402,000 | + | 964,550 | = | 1,366,550 |
| Retail | 302,000 | + | 539,575 | = | 841,575 |
| Legal Services | 196,000 | + | 405,875 | = | 601,875 |
| TOTAL | 2,810,000 |
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