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(Solved): Dunedin Bank has two operating departments (Retail and Commercial) and three service departments: O ...
Dunedin Bank has two operating departments (Retail and Commercial) and three service departments: Operations, Information Technology (IT), and Transactions. For the last period, the following costs and service department usage ratios were recorded: Required: a. Allocate the service department costs to the two operating departments using the reciprocal method.