A retailer pays $180,000 rent each year for its two-story building. The space in this building is occupied by five departments as specified here. Department Jewelry Cosmetics Housewares Tools Shoes Square feet occupied 1,238 (first-floor) 2,878 (first-floor) 1,763 (second floor) 656 second-floor) 1,681 second-floor) The company allocates 65% of total rent expense to the first floor and 35% to the second floor, and then allocates rent expense for each floor to the departments occupying that floor on the basis of space occupied. Determine the rent expense to be allocated to each department. Cost Step 1: Allocate total rent expense between the two floors Amount Allocated % of Total First floor $ 180,000 65% Second floor 180,000 35% Totals 100% $ 117,000 63,000 180,000 $ As the ninetelrent anong the