Tryst University Offers Only High-Tech Graduate-Level Programs

question 125

Essay

Tryst University offers only high-tech graduate-level programs.Tryst has two principal operating departments,Engineering and Social Sciences,and two support departments,Facility and Technology Maintenance and Enrollment Services.The base used to allocate facility and technology maintenance is budgeted total maintenance hours.The base used to allocate enrollment services is number of credit hours for a department.The Facility and Technology Maintenance budget is $450,000,while the Enrollment Services budget is $900,000.The following chart summarizes budgeted amounts and allocation-base amounts used by each department:

Required:
Use the direct method to allocate support costs to each of the two principal operating departments,Engineering and Social Sciences.Prepare a schedule showing the support costs allocated to each department.

---

Definitions:

Probability

The measure of the likelihood that an event will occur, quantified as a number between 0 and 1.

10-sided Die

A polyhedral die with ten faces, typically used in tabletop games, each face showing a different number from one to ten.

Standard Deck

A complete set of cards, typically consisting of 52 cards used in various games.

Sample Space

The set of all possible outcomes of a random experiment or event in probability and statistics.