(SOLVED) Secure Bank has two support departments the Human Resources Department


Question Description:

$20

Secure Bank has two support departments: the Human Resources Department and the Computing Department. The bank also has two departments that service customers directly: the Deposits Department and the Loans Department. The usage of the two support departments’ output in the year just ended was as follows:
The budgeted costs in the two support departments for the year just ended were:
Human Resources………………………………..$720,000
Computing………………………………………1,200,000
Required:
Use the direct method to allocate the budgeted costs of the Human Resources and Computing Departments to the Deposits and Loans Departments.

Answer

$20