Question: PLEASE HELP ASAP Answer the following question with the data contained in Table 1 below. By default base of earnings, what amount of Other Fixed

PLEASE HELP ASAP  PLEASE HELP ASAP Answer the following question with the data contained
in Table 1 below. By default base of earnings, what amount of
Other Fixed Expense should be allocated to the profit center of New

Answer the following question with the data contained in Table 1 below. By default base of earnings, what amount of Other Fixed Expense should be allocated to the profit center of New Construction? Table 1. Profit Center Analysis Company New Construction Industrial Retrofit Remodel $ 2,500,000 10,000,000 7,000,000 500,000 1,600,000 4,000,000 3,200,000 200,000 9,000,000 1,000,000 630,000 2,620,000 3.200.000 200.000 6,650,000 350,000 620,000 1,380,000 0 0 2,000,000 500,000 350,000 0 0 0 350,000 150,000 Account Earnings (revenue) Cost of Construction Labor Material Subcontracts Other Direct Cost (JOH) Total Direct Cost Gross Profit Operating Expenses Variable Operating Expense Auto and Truck Communications Insurance (Work-in-progress) Interest (Work-in-progress) Other Variable Expense Total Variable Operating Expense Contributions Depreciation (Auto and Truck) Depreciation (Building) Insurance (Auto and Truck) Interest (Auto and Truck) Rent Salaries Other Fixed Expense Total Fixed Operating Expense Total Operating Expense Net Profit (before tax) 150,000 60,000 237,000 100,000 20.000 567,000 5,000 72.000 3,000 29,000 20,000 44,000 300,000 10.000 483,000 1,050,000 -50,000 OA) 5,000 4: B) 7,000 5: OC) 3,000 OD) 1,000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!