2 A retailer pays $130,000 rent each year for its two-story building. The space in this building is occupied by five departments as specified here. Cosmetics 2 points Tools Squa fost cupid 1,470 (first-floor) 3,430 (first-floor 2,205 (cond-floor) 31 (d-Eloor) 1,744 (und-floor The company allocates 65% of total rent expense to the first floor and 35% to the second floor, and then allocates rent expense for each floor to the departments occupying that floor on the basis of space occupied. 01 Determine the rent expense to be allocated to each department. Step 1: Allocate total rent expense between the two floors First foor Amount Alocated 100 15.925 15.020 these portone of total rent expense across the departments Fast For Cost Jy Dep Come Dep Tues Se Foot % of Total C Dipt Check my work