A retailer pays $ rent each year for its twostory building. Space in this building is occupied by five departments as shown here.

Department Square feet occupied

Jewelry firstfloor

Cosmetics firstfloor

Department Square feet occupied

Housewares secondfloor

Tools secondfloor

Shoes secondfloor

The company allocates $ of total rent expense to the first floor and $ to the second floor. It then allocates rent expense for each floor to the departments on that floor based on square feet occupied.

Determine the rent expense to be allocated to each department.

Answer rating: 100% (QA)

To determine the rent expense allocated to each department well first calculate the allocation of re... View the full answer