3 A retailer pays $140,000 rent each year for its two-story building. Space in this building is occupied by five departments as shown Department feet occupied Cosmetics 3, 080 (first-floor) 8 02:4755 Department Square feet occupied Skipped Housewares Tools 704 (second - floor) 1, 804 ( second -floor ) The company allocates $98,000 of total rent expense to the first floor and $42,000 to the second floor. It then allocates rent expense or each floor to the departments on that floor based on square feet occupied. Determine the rent expense to be allocated to each department. Allocate these portions of total rent expens departments occupying aired Floor Percent of Total ewelry Department Cosmetics Department Totals Second Floor Percent of Total Housewares Department Tools Department Shoes Department Totals 4 A segment of a company reports the following loss for the year. All $192,500 of its va fixed costs are avoidable. voidable, and $106,000 of its Segment Income (Loss) Variable costs $ 275, 980 8 024743 Contribution margin 192:508 Fixed costs 111, 080 Skipped Income (loss ) ( b ) Should the segment be eliminated? Complete this question by entering your answers in the tabs below . A Required B Compute the income increase or decrease from eliminating this segment. Segment Elimination Analysis Eliminate Income Increase Sales variable Costs Contribution margin Fixed costs Income (loss ) (28,500) 7 Mia works in both the jewelry department and the cosmetics and organizes merchandise in both departments. The cates her wages between the two departments based on the time Mia reports the following hours and activities spent in the two departments in the most recent two weeks. Allocate Mia's $2,160 of wages for two weeks to the two departments," 8 02:47:05 Activities Organizing in Jewelry department Skipped Organizing in Cosmetics department Total Department Hours worked Cost Allocated 8 Radar Company sells bikes for $530 each. The company currently sells 4,350 bikes per year and could make as many as 4,740 bikes from a potential customer who wants to buy 390 bikes for $510 each. Incremental fixed costs to make this order are $100 per bike . No other costs will change if this order is accepted. 8 02:46-55 (a) Compute the income for the special offer. (b) Should Radar accept this offer? Skipped (a) Special offer analysis Per Unit Total Contribution margin (b) The company should 9 Macee Store has three operating departments, and it conducts advertising that benefits all departments. Advertising costs are $150,000. Sales for its operating departments follow. Department 2 427, 508 8 0246.43 285. 090 Skipped How much advertising cost is allocated to each operating department if the allocation is based on departmental sales? (Do not round Sales Percent of Total Cost Allocated