Jessica Porter works in both the jewelry department and the cosmetics department
ID: 2406220 • Letter: J
Question
Jessica Porter works in both the jewelry department and the cosmetics department of a retail store. She $452.820 ssists customers in both departments and arranges and stocks merchandise in both departments. The store Indirect payroll expens llocates her $30,000 annual wages between the two departments based on the time worked in the two allocated to departmer epartments. Jessica reported the following hours and activities spent in the two departments. Allocate P2 essica's annual wages between the two departments. Exercise 244 Activities Selling in jewelry department. Arranging and stocking merchandise in jewelry department. Selling in cosmetics department Arranging and stocking merchandise in cosmetics department....... idle time spent waiting for a customer to enter one of the departments Hours 51 Check Assign $7,500 cosmeticsExplanation / Answer
Cost per Hour
(A)
Total Salary
$ 30,000.00
(B)
Total Number of Hours
80
(A/B)
Cost per Hour
$ 375.00
Cost Allocation
Jewelry Department
Cosmetics Department
Total
Selling in Jewelry Department
(51*375)
$ 19,125.00
$ 19,125.00
Arranging and Stocking in Jewelry Department
(6*375)
$ 2,250.00
$ 2,250.00
Selling in Cosmetics Department
(12*375)
$4,500.00
$ 4,500.00
Arranging and Stocking in Cosmetics Department
(7*375)
$2,625.00
$ 2,625.00
Total Cost Allocated
$ 28,500.00
Unallocated cost
(4*375)
$ 1,500.00
Total Salary
$ 30,000.00
Cost allocation summery
Department
Cost Allocated
Jewelry Department
$ 21,375.00
Cosmetics Department
$ 7,125.00
$ 28,500.00
Idle time cannot be allocated to any department.
Cost per Hour
(A)
Total Salary
$ 30,000.00
(B)
Total Number of Hours
80
(A/B)
Cost per Hour
$ 375.00
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