Homework Answers
Answer- The most useful allocation basis for the costs of an advertising campaign for a store wide sale is likely to be= Proportion of sales of each department.
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the most useful allocation basis for the departmental costs of
an advertising campaign for a storewide...
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...
Problem 22-2A Allocation of building occupancy costs to departments LO P2 [The following informat...
Problem 22-2A Allocation of building occupancy costs to departments LO P2 [The following information applies to the questions displayed below.] National Bank has several departments that occupy both floors of a two-story building. The departmental accounting system has a single account, Building Occupancy Cost, in its ledger. The types and amounts of occupancy costs recorded in this account for the current period follow Depreciation-Building Interest-Building mortgage Taxes-Building and land Gas (heating) expense Lighting expense Maintenance expense $18,000 27,000 8,000 2,500...
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 following amount of floor space Direct Expenses $ 18,000 25,000 103,000 Department Advertising Administrative Shoes Clothing Square Feet 1.120 1.400 7,140 4.340 15,000 The advertising department developed and distributed 120 advertisements during the year. Of these, 90 promoted shoes and 30 promoted clothing. The store sold $350.000 of merchandise during the...
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 following amount of floor space. Department Advertising Administrative Direct Expenses $ 18,000 25,000 103,000 Square Feet 1,120 1,400 7,140 4,340 Shoes Clothing 15,000 The advertising department developed and distributed 120 advertisements during the year. Of these, 90 promoted shoes and 30 promoted clothing. The store sold $350,000 of merchandise during the...
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...
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). 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 2019 Sales Direct Expenses $15,000 22,000 118,000 19,000 Department Advertising Administrative Square Feet 1,540 700 $145,600 114,400 5,180 6,580 Shoes clothing The advertising department developed and distributed 230 advertisements during the year. Of...
Required Information Problem 22-2A Allocation of building occupancy costs to departments LO P2 [The following information...
Required Information Problem 22-2A Allocation of building occupancy costs to departments LO P2 [The following information applies to the questions displayed below.) National Bank has several departments that occupy both floors of a two-story building. The departmental accounting system has a single account, Building Occupancy Cost, In its ledger. The types and amounts of occupancy costs recorded In this account for the current period follow Depreciation Building Interest-Building mortgage Taxes-Building and land Gas (heating) expense Lighting expense Maintenance expense Total...
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...
Required Information Problem 22-2A Allocation of bullding occupancy costs to departments LO P2 The following infor...
Required Information Problem 22-2A Allocation of bullding occupancy costs to departments LO P2 The following information applies to the questions displayed below National Bank has several departments that occupy both floors of o two-story building. The departmental accounting system has a single account, Building Occupancy Cost, in its ledger. The types and amounts of occupancy costs recorded in this account for the current period follow. Depreciation-Buslding Interest Building nortgage Taxes-Building and land Gas (heating) exponse Lighting expense Maintenance expense $31.580...
Macee Department Store has three departments, and it conducts advertising campaigns that benefit all departments. Advertising...
Macee Department Store has three departments, and it conducts advertising campaigns that benefit all departments. Advertising costs are $146,000 this year, and departmental sales for this year follow. Department Sales $275,000 506,000 319,000 How much advertising cost is allocated to each department if the allocation is based on departmental sales? Department Sales % of Total Advertising to Allocate Allocated Amount - 2 Total
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...
Problem 22-2A Allocation of building occupancy costs to departments LO P2 [The following information applies to the questions displayed below.] National Bank has several departments that occupy both floors of a two-story building. The departmental accounting system has a single account, Building Occupancy Cost, in its ledger. The types and amounts of occupancy costs recorded in this account for the current period follow Depreciation-Building Interest-Building mortgage Taxes-Building and land Gas (heating) expense Lighting expense Maintenance expense $18,000 27,000 8,000 2,500...
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 following amount of floor space Direct Expenses $ 18,000 25,000 103,000 Department Advertising Administrative Shoes Clothing Square Feet 1.120 1.400 7,140 4.340 15,000 The advertising department developed and distributed 120 advertisements during the year. Of these, 90 promoted shoes and 30 promoted clothing. The store sold $350.000 of merchandise during the...
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 following amount of floor space. Department Advertising Administrative Direct Expenses $ 18,000 25,000 103,000 Square Feet 1,120 1,400 7,140 4,340 Shoes Clothing 15,000 The advertising department developed and distributed 120 advertisements during the year. Of these, 90 promoted shoes and 30 promoted clothing. The store sold $350,000 of merchandise during the...
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...
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 2019 Sales Direct Expenses $15,000 22,000 118,000 19,000 Department Advertising Administrative Square Feet 1,540 700 $145,600 114,400 5,180 6,580 Shoes clothing The advertising department developed and distributed 230 advertisements during the year. Of...
Required Information Problem 22-2A Allocation of building occupancy costs to departments LO P2 [The following information applies to the questions displayed below.) National Bank has several departments that occupy both floors of a two-story building. The departmental accounting system has a single account, Building Occupancy Cost, In its ledger. The types and amounts of occupancy costs recorded In this account for the current period follow Depreciation Building Interest-Building mortgage Taxes-Building and land Gas (heating) expense Lighting expense Maintenance expense Total...
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...
Required Information Problem 22-2A Allocation of bullding occupancy costs to departments LO P2 The following information applies to the questions displayed below National Bank has several departments that occupy both floors of o two-story building. The departmental accounting system has a single account, Building Occupancy Cost, in its ledger. The types and amounts of occupancy costs recorded in this account for the current period follow. Depreciation-Buslding Interest Building nortgage Taxes-Building and land Gas (heating) exponse Lighting expense Maintenance expense $31.580...
Macee Department Store has three departments, and it conducts advertising campaigns that benefit all departments. Advertising costs are $146,000 this year, and departmental sales for this year follow. Department Sales $275,000 506,000 319,000 How much advertising cost is allocated to each department if the allocation is based on departmental sales? Department Sales % of Total Advertising to Allocate Allocated Amount - 2 Total
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