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QUESTION 7 5 points Manama Enterprises Ltd. owns and operates three shopping malls in Bahrain. The company allocates its fixed administrative expenses to the three Shopping Malls on the basis of sales dollars. Last year the food administrative expenses totaled 1 000 000 and were allocated as follow Shopping Malls Riffa Julair Issa town Particular SH 1 SH2 SH3 Total Total sales-Last Year $12,000,000 $9,000,000 $7.000.000 $28.000.000 Percentage of total sales 43% 32.14% 2500% 100% Allocation (based on the above percentages) 5428 571 5321.429 $250,000 51.000.000 This year the Jufair SH-2 increased its sales by eight million. The sales levels in the other two restaurants remained unchanged Required: 1 Using sales dollars as an allocation base, show the allocation of the fixed administrative expenses among the three shopping malls for this year 2. Calculate the change in each Shopping malls allocated cost from last year to this year. As the manager of the Jutar how would you fool about the amount that has been charged to you for this year? 3. Comment on the usefulness of sales dollars as an allocation base For the toolbar, press ALT-F10 (PC) or ALT-FN+610/Mac randum