The costs of operating a purchasing department are necessary to the purchasing of inventory therefore; those...
The costs of operating a purchasing department are necessary to the purchasing of inventory therefore; those costs should be allocated to inventory.
T/F
Homework Answers
False
Reason: Such charges are considered as Administrative Cost. Inventory cost only includes those costs which are directly or indirectly incurred in bringing them to its existing condition and location. These costs includes net purchase cost, freight-in, unrecoverable taxes.
Add Answer to:
The costs of operating a purchasing department are necessary to
the purchasing of inventory therefore; those...
Advertising department expenses of $26,700 and purchasing department expenses of $46,700 of Cozy Bookstore are allocated...
Advertising department expenses of $26,700 and purchasing department expenses of $46,700 of Cozy Bookstore are allocated to operating departments on the basis of dollar sales and purchase orders, respectively. Information about the allocation bases for the three operating departments follows. Department Books Magazines Newspapers Total Sales $180,400 123,000 106,600 $410,000 Purchase Orders 1,290 690 1,020 3,000 Complete the following table by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments. Allocation of Exp...
Advertising department expenses of $88,600 and purchasing department expenses of $44,300 of Cozy Bookstore are allocated...
Advertising department expenses of $88,600 and purchasing department expenses of $44,300 of Cozy Bookstore are allocated to operating departments on the basis of dollar sales and purchase orders, respectively. Information about the allocation bases for the three operating departments follows. Department Books Magazines Newspapers Total Sales $ 202,400 123,200 114,400 $440,000 Purchase Orders 861 609 630 2,100 Complete the following table by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments. Complete this...
Advertising department expenses of $57,800 and purchasing department expenses of $57,800 of Cozy Bookstore are allocated...
Advertising department expenses of $57,800 and purchasing department expenses of $57,800 of Cozy Bookstore are allocated to operating departments on the basis of dollar sales and purchase orders, respectively. Information about the allocation bases for the three operating departments follows. Department Books Magazines Newspapers Total Sales $ 184,900 107,500 137,600 $ 430,000 Purchase Orders 816 476 408 1,700 Complete the following table by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments. Complete...
Advertising department expenses of $57,800 and purchasing department expenses of $57,800 of Cozy Bookstore are allocated...
Advertising department expenses of $57,800 and purchasing department expenses of $57,800 of Cozy Bookstore are allocated to operating departments on the basis of dollar sales and purchase orders, respectively. Information about the allocation bases for the three operating departments follows. Purchase Orders Department Books Magazines Newspapers $184,900 107,500 137,600 $430,000 408 Total Complete the following table by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments. Complete this question by entering your answers...
Advertising department expenses of $26,700 and purchasing department expenses of $46,700 of Cozy Bookstore are allocated...
Advertising department expenses of $26,700 and purchasing department expenses of $46,700 of Cozy Bookstore are allocated to operating departments on the basis of dollar sales and purchase orders respectively, Information about the allocation bases for the three operating departments follows Department Books Magazines Newspapers Sales $ 180.400 123,000 106.600 Purchase Orders 1.290 690 1.020 Total $410,000 3,000 Complete the following table by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments (Amounts to...
The Purchasing Department of an international airways company is responsible for companywide purchasing. Its total costs...
The Purchasing Department of an international airways company is responsible for companywide purchasing. Its total costs are assigned to each division (one division in every country the company is operating in) based on the number of purchase orders the Purchasing Department processes for each division. The Purchasing Department's fixed costs are € 425,000 per year and the department is expected to process 17,000 purchase orders at a variable cost of € 65 per purchase order. Purchasing costs do not include...
Advertising department expenses of $36,600 and purchasing department expenses of $26,200 of Cozy Bookstore are allocated...
Advertising department expenses of $36,600 and purchasing department expenses of $26,200 of Cozy Bookstore are allocated to operating departments on the basis of dollar sales and purchase orders, respectively. Information about the allocation bases for the three operating departments follows. Purchase Orders 644 Department Books Magazines Newspapers Total Sales $ 179,400 81,900 128,709 $ 390,000 406 350 1,400 Complete the following table by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments. Complete...
Check my Advertising department expenses of $24,000 and purchasing department expenses of $34,000 of Cozy Bookstore...
Check my Advertising department expenses of $24,000 and purchasing department expenses of $34,000 of Cozy Bookstore are allocated to operating departments on the basis of dollar sales and purchase orders, respectively. Information about the allocation bases for the three operating departments follows. Department Books Magazines Newspapers Total Sales $495,000 198,000 207,000 $900,000 Purchase Orders 516 360 324 1,200 Complete the following table by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments. res...
Advertising department expenses of $25,300 and purchasing department expenses of $20,200 of Cozy Bookstore are allocated...
Advertising department expenses of $25,300 and purchasing department expenses of $20,200 of Cozy Bookstore are allocated to operating departments on the basis of dollar sales and purchase orders, respectively. Information about the allocation bases for the three operating departments follows. Sales Purchase Orders Department Books Magazines Newspapers Total $182,400 87,400 110,200 $ 380,0ee 1,025 625 850 2,500 Complete the following table by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments. Complete this...
Advertising department expenses of $38,900 and purchasing department expenses of $38,900 of Cozy Bookstore are allocated...
Advertising department expenses of $38,900 and purchasing department expenses of $38,900 of Cozy Bookstore are allocated to operating departments on the basis of dollar sales and purchase orders, respectively. Information about the allocation bases for the three operating departments follows Department Books Magazines Newspapers Total Sales $180,000 108,000 72,000 $360,000 Purchase Orders 984 600 816 2,400 Complete the following table by allocating the expenses of the two service departments (advertising and purchasing to the three operating departments Complete this question...
Advertising department expenses of $26,700 and purchasing department expenses of $46,700 of Cozy Bookstore are allocated to operating departments on the basis of dollar sales and purchase orders, respectively. Information about the allocation bases for the three operating departments follows. Department Books Magazines Newspapers Total Sales $180,400 123,000 106,600 $410,000 Purchase Orders 1,290 690 1,020 3,000 Complete the following table by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments. Allocation of Exp...
Advertising department expenses of $88,600 and purchasing department expenses of $44,300 of Cozy Bookstore are allocated to operating departments on the basis of dollar sales and purchase orders, respectively. Information about the allocation bases for the three operating departments follows. Department Books Magazines Newspapers Total Sales $ 202,400 123,200 114,400 $440,000 Purchase Orders 861 609 630 2,100 Complete the following table by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments. Complete this...
Advertising department expenses of $57,800 and purchasing department expenses of $57,800 of Cozy Bookstore are allocated to operating departments on the basis of dollar sales and purchase orders, respectively. Information about the allocation bases for the three operating departments follows. Department Books Magazines Newspapers Total Sales $ 184,900 107,500 137,600 $ 430,000 Purchase Orders 816 476 408 1,700 Complete the following table by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments. Complete...
Advertising department expenses of $57,800 and purchasing department expenses of $57,800 of Cozy Bookstore are allocated to operating departments on the basis of dollar sales and purchase orders, respectively. Information about the allocation bases for the three operating departments follows. Purchase Orders Department Books Magazines Newspapers $184,900 107,500 137,600 $430,000 408 Total Complete the following table by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments. Complete this question by entering your answers...
Advertising department expenses of $26,700 and purchasing department expenses of $46,700 of Cozy Bookstore are allocated to operating departments on the basis of dollar sales and purchase orders respectively, Information about the allocation bases for the three operating departments follows Department Books Magazines Newspapers Sales $ 180.400 123,000 106.600 Purchase Orders 1.290 690 1.020 Total $410,000 3,000 Complete the following table by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments (Amounts to...
The Purchasing Department of an international airways company is responsible for companywide purchasing. Its total costs are assigned to each division (one division in every country the company is operating in) based on the number of purchase orders the Purchasing Department processes for each division. The Purchasing Department's fixed costs are € 425,000 per year and the department is expected to process 17,000 purchase orders at a variable cost of € 65 per purchase order. Purchasing costs do not include...
Advertising department expenses of $36,600 and purchasing department expenses of $26,200 of Cozy Bookstore are allocated to operating departments on the basis of dollar sales and purchase orders, respectively. Information about the allocation bases for the three operating departments follows. Purchase Orders 644 Department Books Magazines Newspapers Total Sales $ 179,400 81,900 128,709 $ 390,000 406 350 1,400 Complete the following table by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments. Complete...
Check my Advertising department expenses of $24,000 and purchasing department expenses of $34,000 of Cozy Bookstore are allocated to operating departments on the basis of dollar sales and purchase orders, respectively. Information about the allocation bases for the three operating departments follows. Department Books Magazines Newspapers Total Sales $495,000 198,000 207,000 $900,000 Purchase Orders 516 360 324 1,200 Complete the following table by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments. res...
Advertising department expenses of $25,300 and purchasing department expenses of $20,200 of Cozy Bookstore are allocated to operating departments on the basis of dollar sales and purchase orders, respectively. Information about the allocation bases for the three operating departments follows. Sales Purchase Orders Department Books Magazines Newspapers Total $182,400 87,400 110,200 $ 380,0ee 1,025 625 850 2,500 Complete the following table by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments. Complete this...
Advertising department expenses of $38,900 and purchasing department expenses of $38,900 of Cozy Bookstore are allocated to operating departments on the basis of dollar sales and purchase orders, respectively. Information about the allocation bases for the three operating departments follows Department Books Magazines Newspapers Total Sales $180,000 108,000 72,000 $360,000 Purchase Orders 984 600 816 2,400 Complete the following table by allocating the expenses of the two service departments (advertising and purchasing to the three operating departments Complete this question...
Most questions answered within 3 hours.
-
If X1 ∼ χ21 and
X2 ∼ χ21 , then? show your
work.
(a) X1 + X2...
asked 6 minutes ago -
a fair red die and a fair blue die are rolled. What is the
expected value...
asked 1 hour ago -
How many unpaired electrons would you expect for the complex ion
[FeF6]4-?
0
2
6
3...
asked 1 hour ago -
please briefly explain your idea about the following
paragraph.
Genetic engineering is a process of modifying...
asked 51 minutes ago -
When a piece of wood is pressed against a spring and compresses
the spring by 2.00...
asked 59 minutes ago -
Organizations that interact with medical patients are subject to
HIPAA compliance.
a. Briefly describe, in your...
asked 2 hours ago -
1. A sociologist examines the relationship between the poverty
rate and several socioeconomic factors. For the...
asked 3 hours ago -
Discuss how strategic digital marketing is a much wider
topic than social media marketing.
Describe 1-2...
asked 6 hours ago -
If your samples are concerned with the mean and are dependent,
what kind of distribution should...
asked 8 hours ago -
1. Suppose t hat Xhas t he chi-square distribution on p1∈(0, ∞)
degrees of f reedom...
asked 8 hours ago -
What is the pH of a solution of 1.00L of water with 0.00277
moles of HCl...
asked 7 hours ago -
Consider the following linear program:
Max Z = X1 – 2X2
Subject to – 4X1 +...
asked 8 hours ago