A company purchases a 9,680-square-foot commercial building for $420,000 and spends an additional $70,000 to divide the space into two separate rental units and prepare it for rent Unit A, which has the desirable location on the corner and contains 1,980 square feet, will be rented for $150 per square foot Unit B contains 7700 square feet and will be rented for $0.90 per square foot How much of the joint cost should be assigned to Unit Busing the value basis of allocation? Market Value Joint Cost Percent of Market value Numerator Denominator % of Mkt Value Apportioned Cost Unit A Unit B Totals 0.00% Advertising department expenses of $25,600 and purchasing department expenses of $40,900 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 Hooks Magazines Newspapers Total Sales $ 210,700 36.000 133.300 $430,000 Purchase Orders 1,620 1.000 900 3.600 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 Alloc of Serv Exp Dept Complete the following table by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments 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 Costo be Allocated Allocated Cost Percent of Allocation Base Numerator Denominator % of Total 0 Advertising Department Books Magazines Newspapers Totals 0 0 0 Allocation Base Cost to be Allocated Allocated Cost Percent of Allocation Baca Numerator Denominator % of Total 0 Purchasing Department Books Magazines Newspapers Totals 0 0 0 Allocation of Alloc of Serv Exp 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 Expenso Allocation Spreadsheet Expense Totals Advertising Purchasing Books Magazines Newspapers Total department expenses $ 511,000 $ 25,600 $ 40,900 $ 148,200 $ 102,200 $ 194, 100 Service Dept. Expenses Advertising Dept Purchasing Dept Total expenses allocated $ 511,000 5 25,600 $ 40,900 $ 148,200 $ 102,200 $ 194,100