Hayley Doll owns a car stereo store. She has divided her store into three departments. Net sales

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Hayley Doll owns a car stereo store. She has divided her store into three departments. Net sales for the month of July are as follows:

Deluxe: ........$33,600

Standard: ........ 38,400

Economy: ....... 48,000

Advertising expense for July was $20,000.

Allocate the advertising expense among the three departments on the basis of relative net sales.

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College Accounting Chapters 1-15

ISBN: 978-1285055459

21st Edition

Authors: James Heintz

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Question Posted: Jun 07, 2014 03:59 AM

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Hayley Doll owns a car stereo store. She has divided her store into three departments. Net sales

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Deluxe 33600 Standard 38400 Economy 48000 Total 120000 Deluxe 33600 120000 28 Standard 38400 12...View the full answer

College Accounting Chapters 1-15

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