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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 $134,000 229,000 484,000 Required 1 Required 2 Budgeted Enrollment 2,700 1,650 1,550 Budgeted Credit Hours 47,000 40,750 34,750 Registrar Computer Services Planned Courses Requiring Computer Work 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: 29 41 41 Complete this question by entering your answers in the tabs below. Choose the better allocation base for distributing the cost to the following departments:

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 $134,000 229,000 484,000 Required 1 Required 2 Budgeted Enrollment 2,700 1,650 1,550 Budgeted Credit Hours 47,000 40,750 34,750 Registrar Computer Services Planned Courses Requiring Computer Work 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: 29 41 41 Complete this question by entering your answers in the tabs below. Choose the better allocation base for distributing the cost to the following departments:

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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 $134,000 229,000 484,000 Required 1 Required 2 Budgeted Enrollment 2,700 1,650 1,550 Registrar Computer Services Budgeted Credit Hours 47,000 40,750 34,750 Planned Courses Requiring Computer Work 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: 29 41 41 Complete this question by entering your answers in the tabs below. Choose the better allocation base for distributing the cost to the following departments:
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 Annual Cost $134,000 229,000 484,000 Required 1 Required 2 Budgeted Enrollment 2,700 1,650 1,550 Registrar Computer Services Budgeted Credit Hours 47,000 40,750 34,750 Planned Courses Requiring Computer Work 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: 29 41 41 Complete this question by entering your answers in the tabs below. Choose the better allocation base for distributing the cost to the following departments:
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