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Texas Toys, a retail store, has four sales departments supported by three servic

ID: 2455964 • Letter: T

Question

Texas Toys, a retail store, has four sales departments supported by three service departments. Cost and operational data for each department follow:

     

    Purch.
Sales                               Cost of           Square       Orders

Department      Sales          Goods Sold       Footage      Issued

1......

$92,160

$36,864

1,728

1,260

2......

69,120

32,832

3,024

1,680

3......

80,640

32,256

1,296

2,310

4......

46,080

27,648

2,592

1,750


Service

Departments

Allocation Basis

Cost

Advertising………..

Sales

$10,000

Maintenance………

Square footage

    6,900

Purchasing………...

No. of purchase orders issued

12,000



Determine the service department expenses to be allocated to Sales Departments 1 - 4 for:
Advertising
Maintenance

Purchasing

1......

$92,160

$36,864

1,728

1,260

2......

69,120

32,832

3,024

1,680

3......

80,640

32,256

1,296

2,310

4......

46,080

27,648

2,592

1,750


Service

Departments

Allocation Basis

Cost

Advertising………..

Sales

$10,000

Maintenance………

Square footage

    6,900

Purchasing………...

No. of purchase orders issued

12,000

Explanation / Answer

Total sales $288000, allocation on the basis of sales of $10000 of Advertising expense,   

Sales % of total sales $ allocation ofAdv Exp

Dept 1 92160 32 3200

Dept-2 69120 24 2400

Dept-3 80640 28 2800

Dept-4 46080 16 1600

Allocation of Maintenance expense on the basis of square footage:

Sq Ft % Sq ft $ Allocation of maintenance cost

Dept -1 1728 20 6900*0.2 = 1380

Dept-2 3024 35 6900*.35 = 2415

Dept-3 1296 15 6900*.15 = 1035

Dept-4 2592 30 6900*.3 = 2070

Allocation of P.O expenses based on total number of P.Os - 7000

No. of POs % of PO of total $ Allocation of the total of $12000 on POs

Dept-1 1260 18 2160

Dept-2 1680 24 2880

Dept-3 2310 33 3960

Dept-4 1750 25 3000

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