ALLOCATING OPERATING EXPENSERELATIVE NET SALES Amelia Diaz owns a sporting goods store. She has divided her store
Question:
ALLOCATING OPERATING EXPENSE—RELATIVE NET SALES Amelia Diaz owns a sporting goods store. She has divided her store into three departments. Net sales for the month of July are as follows:
Football: ......$10,000
Basketball: .........6,000
Baseball: ......9,000
Advertising expense for July was $5,000.
Allocate the advertising expense among the three departments on the basis of relative net sales.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 56% (16 reviews)
Football 10000 Basketball 6000 Baseball 9000 Total 25000 Football 10000 25000 40 Basketball 6000 2...View the full answer
Answered By
Saud Ur Rehman
Evaluating manufacturing processes by designing and conducting research programs; applying knowledge of product design, fabrication, assembly, tooling, and materials; conferring with equipment vendors; soliciting observations from operators. Developing manufacturing processes by studying product requirements; researching, designing, modifying, and testing manufacturing methods and equipment; conferring with equipment vendors. Keeping equipment operational by coordinating maintenance and repair services; following manufacturer's instructions and established procedures; requesting special service.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
For the month of July Up Payroll Services worked 3,000 hours for Dune Motors, 900 hours for Jake's Charters, and 1,500 hours for Mission Hospital. UP bills clients at $128 an hour; its labor costs...
-
A buyer at a sporting goods store in Vancouver receives a shipment of 400 ski parkas on October 1 and expects to sell out by January 31. On November 1, the buyer still has 375 parkas left. What...
-
The cash records and bank statement for the month of July for Glover Incorporated are shown below. Additional information: a. The difference in the beginning balances in the company's records and the...
-
Solve 1. dx dy + x 1-xy=xy.
-
What organic product is formed when -OH reacts with the carbocation (CH3)3C- as a Bronsted-Lowry Base?
-
Your client has asked your advice regarding a recent property sale. Are you required to communicate the advice in writing?
-
Revamp of a toluene hydrodealkylation process. This problem considers some waste-minimization concepts involving recycle to extinction - a heuristic for process synthesis. However, in this exercise,...
-
On January 1, 2015, Eddy Corporation had retained earnings of $650,000. During the year, Eddy had the following selected transactions. 1. Declared cash dividends $120,000. 2. Corrected overstatement...
-
Assume that you are the leadership team of a convenience store chain that has more than 300 outlets. The company is facing an inventory shrinkage problem, and store managers report that the main...
-
Describe the supply chain, in general terms, for McDonalds and for Toyota.
-
ALLOCATING OPERATING EXPENSESQUARE FEET Johnson Company rents 5,000 square feet of store space for $40,000 per year. The amount of square footage by department is as follows: Department A:...
-
ALLOCATING OPERATING EXPENSEMILES DRIVEN Herbert Quiong owns a furniture store that offers free delivery of merchandise delivered within the local area. Mileage records for the three sales...
-
Graph the system of inequalities. Then find the coordinates of the points of intersection of the graphs of the related equations. y x2 - 4, y < 2x - 1
-
The Lagrange function is in which stands for the Lagrange multiplier. Observation: A crucial observation is that there are two arguments (separated by the one comma) in the utility function. The...
-
The Income statement and balance sheet for Central Perks Inc. are provided here. Note that firm's capital expenditures are expected to rise by $50,000 in the new year. This will lead to an increase...
-
Using algebra solve this equation for the variable [ E ] : k [ A ] = d [ A ] [ E ] + c [ E ] [ B ]
-
The following information presents key figures pertaining to the operating budget of a company: Sales at 9 2 % of capacity $ 6 4 4 , 0 0 0 Fixed costs $ 2 1 5 , 0 0 0 Variable costs $ 3 7 3 , 5 2 0 $...
-
Think of a relevant topic for your current or future career for which you have been asked to create an informative social media post with an appropriate graphic State the social media platform the...
-
The ethylbenzene process shown in Figure B.2.1, Appendix B Figure B.2.1 V-301 H301 A-301/2/3 E-3012 R-304 E-303 E34 E36 V-302 T-301 E306 E-307 V-503 P302AB 1-302 E308 E-300 V-304 P-303 AB Berzene...
-
Periwinkle Company is a multinational organization. Its Parts Division is located in Lavender Land, while its Assembly Division is located in North Orchid. During the current year Periwinkle Companys...
-
Taking the data of Example 21, show necessary accounts regarding redemption of debentures. Data from Example 21 On April 1, 2007, Vycity Limited issued 2,000 100 9% debentures at a premium of 10%....
-
On January 21, the column totals of the payroll register for Great Products Company showed that its sales employees had earned $ 14,960, its truck driver employees had earned $ 10,692, and its office...
-
Precision Labs has two employees. The following information was taken from its individual earnings records for the month of September. Determine the missing amounts assuming that the Social Security...
-
Assume that the employees in Exercise 77 are paid from the companys regular bank account (check numbers 981 and 982). Prepare the entry to record and pay the payroll in general journal form, dated...
-
x-8x+15 A) Let f(x) = = x2+2x-15 Calculate lim f(x) x 3 2x225x75 B) Let f(x) = x-18x45 Calculate lim f(x) x 15
-
If a dance instructor prices her lessons at $60 per student, she will have three students. If she prices her lessons at $50 per student, she will have four students. How much marginal revenue will...
-
What is the difference between objectives, strategies, and goals? How do these things improve our planning process?
Study smarter with the SolutionInn App