Question: please help me very fast , I do not have time I need the answer for number 1 only QUESTION 7 5 points AW Manama
QUESTION 7 5 points AW Manama Enterprises, Lid., owns and operates three shopping malls in Bahrain. The company alocates its fixed administrative expenses to the three Shopping Malls on the basis of sales dollars. Last year the fixed administrative expenses totaled 1.000.000 and were allocated as follows Shopping Malls Riffa Jufair Issa town Particular SH-1 SH 2 SH3 Total Total sales-Last Year 512,000,000 39,000,000 $7.000.000 $28.000.000 Percentage of total sales 43% 32.14% 25.00% 100% Allocation (based on the above percentages) 5428,571 5321.429 5250.000 $1,000,000 This year the Julair SH-2 increased its sales by eight milion The sales levels in the other two restaurants remained unchanged Required: 1 Using sales dollars as an allocation base, show the allocation of the fored 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 Jufair, how would you feel about the amount that has been charged to you for this year? 3. Comment on the usefulness of sales dollars as an allocation base Sad Sms
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