| Secure I https/ Sectional Exam 3-Chapters 89,10 6 Help Save & 15 MC Qu. 91 Mar
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| Secure I https/ Sectional Exam 3-Chapters 89,10 6 Help Save & 15 MC Qu. 91 Marks Corporation has two opereting.. Marks Corporation has two operating departments, Drilling and Grinding and an office The three categories of office expenses are allocated to the two departments using difflerent allocation bases. The following information is avalable for the curent period Salaries Depreciation Advertising $30,000 Mater of employees 20,e00Cost of goods sold 48,800 Net sales Orilling Gr 1,000 2, see $325,000 $475,e00 $8e0,e0 75,009 $125,800 $2e0,eee 1, 5ee Number of omployees Net sales Cost of goods sold The amount of depreciation that should be allocated to Grinding for the current period is Multiple Choice Nexd >Explanation / Answer
Office Exp Total Allocation Basic Total Units Cost Per Unit Units for Grinding Cost for Grinding a b c d e=b/d f g=f*e Salaries $ 30,000 Number of employee 2500 $ 12 Depreciation $ 20,000 Cost of goods sold $ 200,000 10.0% $ 125,000.00 $ 12,500.00 Advertising $ 40,000 Net sales $ 800,000 5.0% Depreciation cost = 12,500$
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