Assigning Traceable Fixed Expenses Selected data for Colony Company, which operates three departments, follow: Inventory Equipment (average cost) Payroll Square feet of floor space Department A Department B Department C $28,000 $72,000 $202,500 4,500 $20,000 $180,000 $607,500 27,000 $72,000 $108,000 $540,000 13,500 During the year, the company's fixed expenses included the following: Depreciation on equipment Real estate taxes Personal property taxes (on inventory and equipment) Personnel department expenses $30,000 9,000 14,400 15,000 Assume that the property tax rate is the same for both inventory and equipment. Using the most causally related bases, prepare a schedule assigning the fixed expenses to the three departments. Hint: Not all fixed expenses are traceable to the three departments. One of these fixed costs should be considered a common cost and not traceable to the departments. Do not round until your final answer. Round final answer to the nearest whole number. Department A Department B Department C Depreciation 0 Real estate taxes Personal property taxes 0 Personnel dept. expenses 0 Check Return on Investment and Residual Income Johnson Company has two sources of funds: long-term debt and equity capital. Johnson Company has profit centers in the following locations with the following net incomes and total assets: Net Income Assets Las Vegas $1,160,000 $4,000,000 Dallas Tampa ,400,000 8,000,000 2,240,000 12,000,000 a. Calculate ROl for each profit center and rank them from highest to owest based on ROI Round ROl to the nearest whole percentage ROI Rank Las Vegas 096 Dallas 0 % Tampa b. Calculate residual income for each profit center based on a desired ROI of 5% and rank them from highest to lowest based on residual income. Rank ROI Las Vegas Dallas Tampa Check