Total expense incaved directly, the cost of an associated L 4. A retail store has three...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Total expense incaved directly, the cost of an associated L 4. A retail store has three departments, A, B, and C, each of which has four full-time employees. The store does general advertising that benefits all departments Advertising expense totaled $80,000 for the current year, and departmental sales were: Department A Department B. Department C.............. Total sales..... Dept. 1 2 3 $1,400,000 Calculate the amount of advertising expense that should be allocated to each department if advertising costs are allocated based on departmental sales? (15 points) Dept. A -Ful, Hansport, taxes B C Total $508,000 544,000 348.000 5) A company rents a small building with 10,000 square feet of space for $150,000 per year. The rent is allocated to the company's three departments on the basis of the value of the space occupied by each. Each department's space value is listed below. What annual rent expense should be charged to each department? (15 points) Total value Advertising Expense Allocation $32.500 72.500 40.000 $145.000 %x.rent Rent Expense Allocation *** Total expense incaved directly, the cost of an associated L 4. A retail store has three departments, A, B, and C, each of which has four full-time employees. The store does general advertising that benefits all departments Advertising expense totaled $80,000 for the current year, and departmental sales were: Department A Department B. Department C.............. Total sales..... Dept. 1 2 3 $1,400,000 Calculate the amount of advertising expense that should be allocated to each department if advertising costs are allocated based on departmental sales? (15 points) Dept. A -Ful, Hansport, taxes B C Total $508,000 544,000 348.000 5) A company rents a small building with 10,000 square feet of space for $150,000 per year. The rent is allocated to the company's three departments on the basis of the value of the space occupied by each. Each department's space value is listed below. What annual rent expense should be charged to each department? (15 points) Total value Advertising Expense Allocation $32.500 72.500 40.000 $145.000 %x.rent Rent Expense Allocation ***
Expert Answer:
Answer rating: 100% (QA)
To calculate the amount of advertising expense that should be allocated to each department Total adv... View the full answer
Related Book For
Vector Mechanics for Engineers Statics and Dynamics
ISBN: 978-0073212227
8th Edition
Authors: Ferdinand Beer, E. Russell Johnston, Jr., Elliot Eisenberg, William Clausen, David Mazurek, Phillip Cornwell
Posted Date:
Students also viewed these economics questions
-
A retail store has a preferred customer plan where customers may earn discounts on all their purchases. The amount of a customer's discount is determined by the amount of the customer's cumulative...
-
A retail store has three departments, S, T, and U, and does general advertising that benefits all departments. Advertising expense totaled $37,000 for the year, and departmental sales were as...
-
The pins on the frame at B and C each have a diameter of 0.25 in. If these pins are subjected to double shear, determine the average shear stress in each pin.
-
A gaseous hydrocarbon (containing C and H atoms) in a container of volume 20.2 L at 350 K and 6.63 atm reacts with an excess of oxygen to form 205.1 g of CO2 and 168.0 g of H2 O. What is the...
-
Companies sometimes use accounts receivable as collateral in a secured borrowing or sell them to a factor. The accounting method for these types of transactions is governed by ASC 860 Transfers and...
-
Horizon Water Beds was originally founded 20 years ago when owner Glen Fisher started making water beds but has since expanded to all bedroom furnishings. The company is considering expanding...
-
How might an auditor perform a transaction walk-through when considering controls over personnel and payroll?
-
Fit World began January with an inventory of 80 crates of vitamins that cost a total of $4,000. During the month, Fit World purchased and sold merchandise on account as follows: Purchase 1 . . . . ....
-
During January, Luxury Cruise Lines incurs employee salaries of $2.8 million. Withholdings in January are $214,200 for the employee portion of FICA, and $595,000 for employee federal and state. The...
-
5 Bernard L. Madoff, through BLMIS, operated a Ponzi scheme inducing investors to open discretionary trading accounts with BLMIS for the ostensible purpose of buying and selling securities. No...
-
Stephen Ah Thong is a 52 year old Malaysian Tax Resident . HE is the chief executive officer of Sri Aman Sdn Bhd (SASB) since 1 July 2006 . He is paid a salary RM15,000 per month and received a bonus...
-
Tom Rex was a former baseball player who pursued his dreams of starting a vintage car business and investing in start-ups after his retirement in 2000. He became a successful businessman and attained...
-
A new conservative coalition government is elected and a key plank of its electoral policy is to 'give back to our primary producers'. The first piece of legislation passed through the new Parliament...
-
Write a java program to check given age is eligible to vote or not?
-
1. Given that water has a specific heat capacity of 1.00 cal/g/C, how much heat does it take to raise the temperature of 50.0 g of water from 19.0C to 27.5C? 2. Given that water has a specific heat...
-
Two plates of area 7 4 3 x 1 0 - 4 m 2 each are separated by a distance of 1 1 . 5 x 1 0 - 2 m . Calculate the capacitance C of this system.
-
Diversity management and cultural competency have become buzzwords in all organizations. Compare and contrast diversity management and cultural competency. Make recommendations on how a healthcare...
-
Pedro Bourbone is the founder and owner of a highly successful small business and, over the past several years, has accumulated a significant amount of personal wealth. His portfolio of stocks and...
-
The acceleration of slider A is defined by the relation n a = ??2??1??v2, where a and v are expressed in ft/s2 and ft/s, respectively. The system starts at time t = 0 with x = 1.5 ft and v = 0....
-
In the pivoted motor mount shown, the weight W of the 175-lb motor is used to maintain tension in the drive belt. Knowing that the coefficient of static friction between the flat belt and drums A and...
-
Using the parallel-axis theorem, determine the product of inertia of the area shown with respect to the centroidal x and y axes. 3 in. 1 in. 1 in. 0.5 in. 3 in. 0.5 in.- 5 in. 0.5 in.
-
The beam is made from a plate that has a constant thickness \(t\). Determine the width \(w\) as a function of \(x\) so that it has a maximum bending stress \(\sigma_{\max }\) throughout its length...
-
The tapered beam supports a uniform distributed load \(w\). If it is made from a plate and has a constant width \(b\), determine the absolute maximum bending stress in the beam. ho I 2 ho L L 2 2 W I...
-
The beam has a constant thickness \(b\). If it supports the distributed loading shown, determine the maximum bending stress \(\sigma_{\max }\) in the beam. ho 22 -- Wo 2ho I ho 22
Study smarter with the SolutionInn App