Lackawanna Community College has three divisions: Liberal Arts, Sciences, and Business Administration. The college's comptroller is trying to decide how to allocate the costs of the Admissions Department, the Registrar's Department, and the Computer Services Department. The comptroller has compiled the following data for the year just ended. Department Admissions Registrar Computer Services Division Liberal Arts Sciences Business Administration Annual Cost $119,000 199,000 424,000 Required 1 Required 2 Budgeted Budgeted Enrollment. Credit Hours 1,200 900 800 Registrar Computer Services 32,000 29,550 23,500 Required: 1. Distribute the departmental costs to the college's three divisions based on the allocation base given. 2. Choose the better allocation base for distributing the cost to the following departments: Complete this question by entering your answers in the tabs below. Planned Courses Requiring Computer Work Basis of credit hours ...…..…....................... Amount of computer time 12 26 26 Choose the better allocation base for distributing the cost to the following departments: < Required 1 Required 2 >
Lackawanna Community College has three divisions: Liberal Arts, Sciences, and Business Administration. The college's comptroller is trying to decide how to allocate the costs of the Admissions Department, the Registrar's Department, and the Computer Services Department. The comptroller has compiled the following data for the year just ended. Department Admissions Registrar Computer Services Division Liberal Arts Sciences Business Administration Annual Cost $119,000 199,000 424,000 Required 1 Required 2 Budgeted Budgeted Enrollment. Credit Hours 1,200 900 800 Registrar Computer Services 32,000 29,550 23,500 Required: 1. Distribute the departmental costs to the college's three divisions based on the allocation base given. 2. Choose the better allocation base for distributing the cost to the following departments: Complete this question by entering your answers in the tabs below. Planned Courses Requiring Computer Work Basis of credit hours ...…..…....................... Amount of computer time 12 26 26 Choose the better allocation base for distributing the cost to the following departments: < Required 1 Required 2 >
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Lackawanna Community College has three divisions: Liberal Arts, Sciences, and Business Administration. The college's comptroller is
trying to decide how to allocate the costs of the Admissions Department, the Registrar's Department, and the Computer Services
Department. The comptroller has compiled the following data for the year just ended.
Department
Admissions
Registrar
Computer Services
Division
Liberal Arts
Sciences
Business Administration
Required 1
Annual Cost
$119,000
199,000
424,000
Required 2
Budgeted
Enrollment
1,200
900
800
Required:
1. Distribute the departmental costs to the college's three divisions based on the allocation base given.
2. Choose the better allocation base for distributing the cost to the following departments:
Registrar
Computer Services
Complete this question by entering your answers in the tabs below.
Budgeted
Credit Hours
32,000
29,550
23,500
Planned Courses
Requiring
Computer Work
12
26
26
Choose the better allocation base for distributing the cost to the following departments:
Basis of credit hours
Amount of computer time
< Required 1
Required 2 >
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