Question: pls help! Marks Corporation has two operating departments, Drilling and Grinding, and an office. The three categories of office expenses are allocated to the two

 pls help! Marks Corporation has two operating departments, Drilling and Grinding,and an office. The three categories of office expenses are allocated to

pls help!
the two departments using different allocation bases. The following information is available
for the current period: Office Expenses Salaries Depreciation Advertising Total $ 52,000

Marks Corporation has two operating departments, Drilling and Grinding, and an office. The three categories of office expenses are allocated to the two departments using different allocation bases. The following information is available for the current period: Office Expenses Salaries Depreciation Advertising Total $ 52,000 37,000 75,000 Allocation Tants Number of employees Cost of goods sold Net sales Item Number of employees Net sales Cont of goods sold Delting Grinding Total 1,600 2,400 4,000 $400,000 $600.000 $1,000,000 $152,000 $240,000 $400,000 The amount of the total office expenses that should be allocated to Driling for the current period is Mul Choice $64.860 $100,000 5111800 $164000 0000095

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!