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Franklin Co.has three departments: purchasing,human resources,and assembly.In a recent month the three departments incurred two shared indirect expenses.The amounts of the indirect expenses and the bases used to allocate them follow.Use this information to allocate each of the two indirect expenses across the three departments using the tables provided below. Departmental data for the company's recent reporting period follow.
Socialization
The process by which individuals acquire the knowledge, skills, and behaviors that are necessary for functioning within a society or organization.
Pre-employment
Pertaining to processes or assessments that occur before an individual officially becomes an employee.
Psychological Contract
An unwritten agreement that sets out mutual expectations between employees and employers, including informal arrangements, perceived promises, and obligations.
Reality Shock
The experience of realizing that the actualities of a situation or environment are different from one's expectations or beliefs.
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