Concord Partners provides management consulting services to government and corporate clients. Concord has two support...

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Accounting

Concord Partners provides management consulting services to government and corporate clients. Concord has two support departments-administrative services (AS) and information systems (IS)-and two operating departments-government consulting (GOVT) and corporate consulting (CORP). For the first quarter of 2020, Concord's cost records indicate the following:
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Read the requirements.
Requirement 1a. Allocate the two support departments' costs to the two operating departments using the direct method. (Do not round intermediary calculations and round your final answers to the nearest whole dollar. Use parentheses or a minus sign when decreasing departments by allocating costs. Enter a "0" for any zero balances.)
\table[[Direct Method,Support Departments,Operating Departments,Total],[AS,IS,GOVT,CORP],[Budgeted overhead costs],[before interdepartment cost allocations],[Allocation of AS costs],[Allocation of IS costs],[Total budgeted overhead of operating departments,,,,,]]
Requirement 1b. Allocate the two support departments' costs to the two operating departments using the step-down method (Allocate AS first).(Do not round intermediary calculations and round your final answers to the nearest whole dollar. Use parentheses or a minus sign when decreasing departments by allocating costs. Enter a "0" for any zero balances.)
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