Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

M http://ezto.mheducation.com/hm.tpx || M Chapters 24-25 Homework ×19 Chegg Stud

ID: 2470988 • Letter: M

Question

M http://ezto.mheducation.com/hm.tpx || M Chapters 24-25 Homework ×19 Chegg Study | Guided Solution File Edit View Favorites Tools Help E' Younique by Courtney s.. Gastric Sleeve weight Los west Kentucky Communi welcome to Facebook-L G Google e Home Chegg Advertising department expenses of $85,600 and purchasing department expenses of $51,400 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 Sales Purchase Orders Magazines Newspapers S 193,200 109,200 117,600 1,551 693 1,056 Total S 420,000 3,300 Complete the following table by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments Advertising Department Allocation Base rcent of Allocation Bas Cost to be Allocated Allocated Cost Numerator Denominator % of Total Books Dept Magazines Dept Newspapers Dept Totals Purchasing Allocation Base rcent of Allocation Bas Cost to be Allocated Allocated Cost Department Numerator Denominator % of Total Books Dept Magazines Dept Newspapers Dept Totals 10:28 PM 4/19/2016

Explanation / Answer

Ans-

Advertising Allocation base % of allocation base cost to be allocated allocated cost Department $ Sales Numerator Denominator % of Total Books Dept           193,200.00 193,200.00      420,000.00            0.46                     85,600.00           39,376.00 Magazines Dept           109,200.00 109,200.00      420,000.00            0.26                     85,600.00           22,256.00 Newspaper Dept.           117,600.00 117,600.00      420,000.00            0.28                     85,600.00           23,968.00 Totals           420,000.00            1.00           85,600.00 Purchasing Allocation base % of allocation base cost to be allocated allocated cost Department No. of orders Numerator Denominator % of Total Books Dept               1,551.00       1,551.00          3,300.00            0.47                     51,400.00           24,158.00 Magazines Dept                  693.00          693.00          3,300.00            0.21                     51,400.00           10,794.00 Newspaper Dept.               1,056.00       1,056.00          3,300.00            0.32                     51,400.00           16,448.00 Totals               3,300.00            1.00           51,400.00