Tina Domingo owns a car stereo store. She has divided her store into three departments. Net sales

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Tina Domingo owns a car stereo store. She has divided her store into three departments.

Net sales for the month of July are as follows:

Deluxe: $36,000 Standard: 30,000 Economy: 54,000 Advertising expense for July was $24,000.

Allocate the advertising expense among the three departments on the basis of relative net sales.

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College Accounting Chapters 1-15

ISBN: 12

19th Edition

Authors: James A Heintz, Robert W Parry

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