A retailerpays $130,000 rent each year for its two-story building. The space in this building is occupied by five departments as specified here.

DepartmentSquare feet occupiedJewelry1,640(first-floor)Cosmetics2,460(first-floor)Housewares1,763(second-floor)Tools779(second-floor)Shoes1,558(second-floor)

The company allocates 70% of total rent expense to the first floor and 30% 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.

5 MySinclair X B Grades - 21.SP X LockDown Bro X Question 6 - CI X Managerial Ac X Accounting 10 x Course Hero X C A Retailer Pay: X + X G ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question. G Untitled document -.. T IT Certification Trai.. @ US Postal Hiring The Welcome Cent. MySinclair Shibboleth Authent. sinclair english text. Blackboard Learn Reading list Ch 9 Quiz i Saved Help Save & Exit Submit Determine the rent expense to be allocated to each department. 6 Step 1: Allocate total rent expense between the two floors. Amount Allocated % of Total Cost First floor % 5 Second floor % points Totals 0% $ 00:38:23 Step 2: Allocate these portions of total rent expense across the departments occupying each floor. First Floor Sq. Feet % of Total Cost Jewelry Dept. % eBook Cosmetics Dept. % Totals 0 0 % $ 0 Second Floor Sq. Feet % of Total Cost Housewares Dept. % Tools Dept. % Shoes Dept % Totals 0 0 % $ 0 Mc Graw Hill