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Talent Engineering Has Two Divisions, Research and Sales, That Share

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Essay

Talent Engineering has two divisions, Research and Sales, that share the common costs of the company's communications network. The annual common costs are $2,250,000. You have been provided with the following information for the upcoming year:
 Calls  Time on Network (hours)  Research 50,00060,000 Sales 40,000165,000\begin{array} { | l | r | c | } \hline & \text { Calls } & \text { Time on Network (hours) } \\\hline \text { Research } & 50,000 & 60,000 \\\hline \text { Sales } & 40,000 & 165,000 \\\hline\end{array}
Required:
The cost accountant determined $1,350,000 of the communication network's costs were fixed and should be allocated based on the number of calls. The remaining costs should be allocated based on the time on the network. What is the total communication network costs allocated to each division? (Use three decimal places in your calculations.)


Definitions:

Autobiographical Memories

Remembered events and experiences that are personal, and form a narrative about one's life.

Episodic Memory

A type of long-term memory that involves the recollection of specific events, situations, and experiences, including the context and emotions associated with them.

Procedural Memory

A type of long-term memory that enables people to perform tasks without conscious awareness of the learning process, such as riding a bike or typing on a keyboard.

Semantic Memory

A component of long-term memory that processes ideas and concepts that are not drawn from personal experience.

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