3 here. 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 1,320 ( firstoccupied 8 02:47:55) cosmetics 3: 089 (first-floor) Department Skipped Housewares , 892 (second-floor) Shoes 784 ( 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 for 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 expense across the departments occupying First Floor Percent of Total Cost Allocal Jewelry Department Cosmetics Department Totals Second Floor Square Feet Percent of Total Cost Allocated usewares Department Tools Department Shoes Department Totals 4 A segment of a company reports the following loss for the year. All $192,500 of its variable costs are avoidable, and $106,000 of its ixed costs are avoidable. Segment Income (Loss) Variable costs 8 02:47:43 contribution Skipped Income ( loss ) (28 , 500) (a) Compute the income increase or decrease from eli inating this segment. (b) Should the segment be eliminated? Complete this question by entering your answers in the tabs below . Required A Required B Compute the income increase or decrease from eliminating this segment. Segment Elimination Analysis Continue Eliminate Income Increase Sales 275,000 Variable costs Contribution margin Fixed costs 82,500 Income (loss) S (28.500) 7 Mia works in both the jewelry department and the cosmetics department of a retail store. She assists customers in both departments worked in the two departments in each two week me herod gatesmer wages between the two departments based on the 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 Selling in jewelry department Skipped ring in cosmetics departmen Organizing in Cosmetics department 16 Total Department Hours worked Percent of Hours worked Wages Cost Allocated Numerator Denominator Percent of hours Totals 8 Radar Company sells bikes for $530 each. The company currently sells 4,350 bike sells 4,350 bikes per year and could make as many as 4,740 bikes istomer 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 (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. Sales 8 02:46:43 285,080 Skipped How much advertising cost is allocated to each operating department if the allocation is based on departmental sales? (Do not round your intermediate calculations.) Department Sales Percent of Total Cost Allocated 0.00 %