Answered step by step
Verified Expert Solution
Question
1 Approved Answer
#10 please help asap Advertising department expenses of $59,700 and purchasing department expenses of $52,200 of Cozy Bookstore are allocated to operating departments on the
#10 please help asap
Advertising department expenses of $59,700 and purchasing department expenses of $52,200 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 Books Magazines Newspapers Total Sales $ 210,000 126,000 84,000 $420,000 Purchase Orders 602 322 476 1,400 Complete the following table by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments. Complete this question by entering your answers in the tabs below. Allocation of Exp Alloc of Serv Dept Complete the following table by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments. Allocation Base Cost to bo Allocated Allocated Cost Percent of Allocation Base Numerator Denominator % of Total Advertising Department Books Magazines Newspapers Totals Allocation Cost to be Allocated Allocated Cost Percent of Allocation Base Numerator Denominator % of Total Purchasing Department Books Magazines Newspapers Totals Alloc of Serv Dept > Complete this question by entering your answers in the tabs below. Allocation of Exp Alloc of Serv Dept Complete the spreadsheet by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments. (Amounts to be deducted should be indicated with minus sign.) COZY BOOKSTORE Departmental Expense Allocation Spreadsheet + Expense Totals Advertising Purchasing Books Magazines Newspapers Total department expenses $ 746,000 $ 59,700 $ 52,200 $ 171,600 $ 149,200 $ 313,300 Service Dept. Expenses Advertising Dept. Purchasing Dept Total expenses allocated $ 746,000 Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started