ALLOCATING OPERATING EXPENSERELATIVE NET SALES Tina Domingo owns a car stereo store. She has divided her store
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ALLOCATING OPERATING EXPENSE—RELATIVE NET SALES Tina Domingo owns a car stereo store. She has divided her store into three departments. Net sales for the month of July are as follows:
Deluxe: ....$36,000
Standard: ....30,000
Economy: ....54,000
Advertising expense for July was $24,000.
Allocate the advertising expense among the three departments on the basis of relative net sales.
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Deluxe 36000 Standard 30000 Economy 54000 Total 120000 Deluxe 36000 120000 30 Standard 30000 12...View the full answer
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