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A retailer has two departments: Electronics and Home. The Electronics department occupies 2,200 square feet and the Home department occupies 1,800 square feet. The
A retailer has two departments: Electronics and Home. The Electronics department occupies 2,200 square feet and the Home department occupies 1,800 square feet. The Electronics department reports sales of $416,000 and the Home department reports sales of $104,000. Indirect expenses for the period are Rent of $60,000, and Advertising of $40,000. Enter answers in the tabs below. Required 1 Required 2 Allocate indirect expenses to the two departments using square feet occupied. Department Square Footage Rate per square foot Total Electronics Home Required 2 > Enter answers in the tabs below. Required 1 Required 2 Allocate rent expense to the two departments using square feet occupied. Allocate advertising expense to the two departments using sales. Use square feet occupied to allocate $60,000 of rent. Electronics Home Total Square Footage Use sales to allocate $40,000 of advertising Electronics Home Total Sales Percent of Total Cost Allocated Percent of Total Cost Allocated Required 1
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