Question: Problem 2-68 (Static) Cost Allocation with Cost Flow Diagram (LO 2-3) Merton Electronics operates two retail outlets in Port Wren, one downtown and the other

Problem 2-68 (Static) Cost Allocation with Cost Flow Diagram (LO 2-3) Merton Electronics operates two retail outlets in Port Wren, one downtown and the other in Docklands. The stores share t use of a corporate staff responsible for functions such as personnel, IT, marketing, purchasing, and so on. The cost of the corporate activities for last year was $162,000. The following are the operating results for the two stores for the year: Required: a. Allocate the cost of the corporate activities to the two stores based on: 1. Number of employees. 2. store revenue. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Number of employees. Merton Electronics operates two retail outlets in Port Wren, one downtown and the other in Docklands. The stores share the use of a corporate staff responsible for functions such as personnel, IT, marketing, purchasing, and so on. The cost of the corporate activities for last year was $162,000. The following are the operating results for the two stores for the year: Required: a. Allocate the cost of the corporate activities to the two stores based on: 1. Number of employees. 2. store revenue. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Store revenue
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