Coastal Computer operates two retail outlets in Oakview, one on Main Street and the other in...
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Coastal Computer operates two retail outlets in Oakview, one on Main Street and the other in Lakeland Mall. The stores share the use of a central accounting department. The cost of the accounting department for last year was $234,000. Following are the operating results for the two stores for the year. Main Street Lakeland Mall Sales revenue $ 1,823,200 $ 2,734,800 Number of computers sold 1,716 1,584 Required: a. Allocate the cost of the central accounting department to the two stores based on: 1. Number of computers sold. 2. Store revenue. Complete this question by entering your answers in the tabs below. Req A1 Req A2 Number of computers sold. (Do not round intermediate calculations.) Main Street Lakeland Mall Total Allocated accounting department cost Coastal Computer operates two retail outlets in Oakview, one on Main Street and the other in Lakeland Mall. The stores share the use of a central accounting department. The cost of the accounting department for last year was $234,000. Following are the operating results for the two stores for the year. Main Street Lakeland Mall Sales revenue $ 1,823,200 $ 2,734,800 Number of computers sold 1,716 1,584 Required: a. Allocate the cost of the central accounting department to the two stores based on: 1. Number of computers sold. 2. Store revenue. Complete this question by entering your answers in the tabs below. Req A1 Req A2 Number of computers sold. (Do not round intermediate calculations.) Main Street Lakeland Mall Total Allocated accounting department cost
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Related Book For
Fundamentals of Cost Accounting
ISBN: 978-0077398194
3rd Edition
Authors: William Lanen, Shannon Anderson, Michael Maher
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