3 here. retailer pays $140.000 rent each year for its two-story building. Space in this building is occupied by five departments as shown Department square feet occupied Cosmetics 3, 080 (first-floor) 802:47:55 Department Square feet occupied Skipped Housewares 704 (second-floor) Shoes , 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 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 Square Feet Percent of Total Cost Allocated Jewelry Department % Cosmetics Department Totals 0 % S Second Floor Square Feet Percent of Total Cost Allocate 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 variable costs are avoidable, and $106,000 of its sts are avoidable. Segment Income (Loss) $ 275, 000 Variable costs 8 02:47:43 Fixed costs 111, 080 Skipped Income (loss) ( 28,580 ) (a) Compute the income increase or decrease from eliminating 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 192,500 Contribution margin 82,500 111,000 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 and organizes merchandise in both departments. The store allocates her wages between the two departments based o epartments in the most recent two weeks . Allocate Mia's $2,160 of wages for two weeks ges for two weeks to the two departments. 8 02:47:05 Activities Selling in jewelry department Hours Skipped Selling in cosmetics department 22 Organizing in Cosmetics department Total Department Hours worked Percent of Hours worked Wages Cost Allocated Numerator Denominator Percent of hours 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 per year. The bikes cost $295 each to make: $155 in variable costs per bike and $140 of fixed costs per bike. Radar receives an offer 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 01:44:04 (a) Compute the income (b) Should Radar accept this offer? Skipped (a) Special offer analysis Per Unit Total eBook Contribution margin Income (b) The company should