Homework Answers
Solution:
Dollar amount of rent expense allocated to department B is = $3,000 * 2500 / 7500 = $1,000
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Mass Media Company Departmental Expense Allocations For the year ended December 31 Allocation Base Expense Account...
Departmental expense allocation spreadsheet. Marathon Running Shop has two service departments (advertising and administrative) and two...
Departmental expense allocation spreadsheet.
Marathon Running Shop has two service departments (advertising and administrative) and two operating departments (shoes and clothing). The table that follows shows the direct expenses incurred and square footage occupied by all four departments, as well as total sales for the two operating departments for the year 2017 Direct Square Feet Department Advertising Administrative Shoes Clothing Expenses $ 19,000 34,000 112,000 17,000 Sales 850 1,530 5,780 8,840 $121,800 168,200 The advertising department developed and distributed 200...
QS 22-8 Rent expense allocated to departments LO P2 A retailer pays $140,000 rent each year...
QS 22-8 Rent expense allocated to departments LO P2 A retailer pays $140,000 rent each year for its two-story building. The space in this building is occupied by five departments as specified here. points eBook Hint Jewelry department Cosmetics department Housewares department Tools department Shoes department 1,575 square feet of first-floor space 2,925 square feet of first-floor space 1.935 square feet of second-floor space 720 square feet of second-floor space 1,845 square feet of second-floor space Print References The company...
1. A company pays $29,000 per period to rent a small building that has 11,400 square...
1. A company pays $29,000 per period to rent a small building that has 11,400 square feet of space. This cost is allocated to the company's three departments on the basis of the amount of the space occupied by each. Department One occupies 2,280 square feet of floor space, Department Two occupies 3,420 square feet of floor space, and Department Three occupies 5,700 square feet of floor space. If the rent is allocated based on the total square footage of...
For its two-story building, each year Imposters Company pays rent of $180,000. The two story building space has 5 d...
For its two-story building, each year Imposters Company pays rent of $180,000. The two story building space has 5 departments mentioned below. Jewelry department Cosmetics department Housewares department Tools department Shoes department 1,400 square feet of first-floor space 2,600 square feet of first-floor space 1,600 square feet of second-floor space 640 square feet of second-floor space 1,760 square feet of second-floor space For the 1st floor, Imposters Company allocates 65% of total rent expense and 35% to the 2nd floor....
The following is a partially completed lower section of a departmental expense allocation spreadsheet for Brickland....
The following is a partially completed lower section of a departmental expense allocation spreadsheet for Brickland. It reports the total amounts of direct and indirect expenses for the four departments. Purchasing department expenses are allocated to the operating departments on the basis of purchase orders. Maintenance department expenses are allocated based on square footage. Compute the amount of Purchasing department expense to be allocated to Fabrication. PURCHASING MAINTENANCE FABRICATION ASSEMBLY ORDERING COSTS 50,000 28,800 114,000 80,000 NUMBER OF PURCHASE ORDERS...
Exercise 22-6 Departmental expense allocetion spreadsheet LO P2 Marethon Running Shop hes two service depertments (advertising...
Exercise 22-6 Departmental expense allocetion spreadsheet LO P2 Marethon Running Shop hes two service depertments (advertising and noministrative) and two operating departments (shoes and clothing) The table that follows shows the direct expenses incurred end squere footsge occupied by all four departments, as well os total sales for the two operating cepartments for she year 2019 Deiparteent Advertising Adeinistrative shoes clothing Direct Sales enses Square Fert $ 13,000 31,000 85,000 16,00e $135200 124 8ee 2,340 640 The odvertising cepartment developed...
Exercise 9.5 Departmental expense allocations LO P2 Woh Che Co. has four departments: materials, personnel, manufacturing,...
Exercise 9.5 Departmental expense allocations LO P2 Woh Che Co. has four departments: materials, personnel, manufacturing, and packaging. In a recent month, the four departments Incurred three shared Indirect expenses. The amounts of these Indirect expenses and the bases used to allocate them follow. Indirect Expense Supervision Utilities Insurance Cost Allocation Base $ 83.300 Number of employees 58,882 Square feet occupied 26.500 Value of assets in use $167,898 Total Departmental data for the company's recent reporting period follow Employees Department...
Marathon Running Shop has two service departments (advertising and administrative) and two operating departments (shoes and...
Marathon Running Shop has two service departments (advertising and administrative) and two operating departments (shoes and clothing). During 2015, the departments had the following direct expenses and occupied the folowing amount of floor space. Department Advertising Administrative Shoes Clothing Direct Expenses $ 19,000 34.000 112,000 17,000 Square Feet 850 1,530 5.780 8.840 The advertising department developed and distributed 200 avertisements during the year. Of these, 20 promoted shoes and 180 promoted clothing. The store sold $290,000 of merchandise during the...
Exercise 9-5 Departmental expense allocations LO P2 Woh Che Co. has four departments: materials, ...
Exercise 9-5 Departmental expense allocations LO P2 Woh Che Co. has four departments: materials, personnel, manufacturing, and packaging. In a recent month, the four departments incurred three shared indirect expenses. The amounts of these indirect expenses and the bases used to allocate them follow Indirect Expense Supervision 83,700 Number of employees Utilities Cost Allocation Base 62,000 Square feet cupied Value of assets in use 28,500 Insurance $174,200 Total Departmental data for the company's recent reporting period follow Asset Values $...
Departmental expense allocation spreadsheet.
Marathon Running Shop has two service departments (advertising and administrative) and two operating departments (shoes and clothing). The table that follows shows the direct expenses incurred and square footage occupied by all four departments, as well as total sales for the two operating departments for the year 2017 Direct Square Feet Department Advertising Administrative Shoes Clothing Expenses $ 19,000 34,000 112,000 17,000 Sales 850 1,530 5,780 8,840 $121,800 168,200 The advertising department developed and distributed 200...
QS 22-8 Rent expense allocated to departments LO P2 A retailer pays $140,000 rent each year for its two-story building. The space in this building is occupied by five departments as specified here. points eBook Hint Jewelry department Cosmetics department Housewares department Tools department Shoes department 1,575 square feet of first-floor space 2,925 square feet of first-floor space 1.935 square feet of second-floor space 720 square feet of second-floor space 1,845 square feet of second-floor space Print References The company...
For its two-story building, each year Imposters Company pays rent of $180,000. The two story building space has 5 departments mentioned below. Jewelry department Cosmetics department Housewares department Tools department Shoes department 1,400 square feet of first-floor space 2,600 square feet of first-floor space 1,600 square feet of second-floor space 640 square feet of second-floor space 1,760 square feet of second-floor space For the 1st floor, Imposters Company allocates 65% of total rent expense and 35% to the 2nd floor....
Exercise 22-6 Departmental expense allocetion spreadsheet LO P2 Marethon Running Shop hes two service depertments (advertising and noministrative) and two operating departments (shoes and clothing) The table that follows shows the direct expenses incurred end squere footsge occupied by all four departments, as well os total sales for the two operating cepartments for she year 2019 Deiparteent Advertising Adeinistrative shoes clothing Direct Sales enses Square Fert $ 13,000 31,000 85,000 16,00e $135200 124 8ee 2,340 640 The odvertising cepartment developed...
Exercise 9.5 Departmental expense allocations LO P2 Woh Che Co. has four departments: materials, personnel, manufacturing, and packaging. In a recent month, the four departments Incurred three shared Indirect expenses. The amounts of these Indirect expenses and the bases used to allocate them follow. Indirect Expense Supervision Utilities Insurance Cost Allocation Base $ 83.300 Number of employees 58,882 Square feet occupied 26.500 Value of assets in use $167,898 Total Departmental data for the company's recent reporting period follow Employees Department...
Marathon Running Shop has two service departments (advertising and administrative) and two operating departments (shoes and clothing). During 2015, the departments had the following direct expenses and occupied the folowing amount of floor space. Department Advertising Administrative Shoes Clothing Direct Expenses $ 19,000 34.000 112,000 17,000 Square Feet 850 1,530 5.780 8.840 The advertising department developed and distributed 200 avertisements during the year. Of these, 20 promoted shoes and 180 promoted clothing. The store sold $290,000 of merchandise during the...
Exercise 9-5 Departmental expense allocations LO P2 Woh Che Co. has four departments: materials, personnel, manufacturing, and packaging. In a recent month, the four departments incurred three shared indirect expenses. The amounts of these indirect expenses and the bases used to allocate them follow Indirect Expense Supervision 83,700 Number of employees Utilities Cost Allocation Base 62,000 Square feet cupied Value of assets in use 28,500 Insurance $174,200 Total Departmental data for the company's recent reporting period follow Asset Values $...
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