Assume a company has total administrative expenses of $15.0 million annually and its shipments to retailers are as follows:

	Year 12
North America
Branded	1,200,000
Private-label	250,000
Europe-Africa
Branded	800,00
Private-label	250,000
Asia-Pacific
Branded	800,000
Private-label	250,000
Latin America
Branded	800,000
Private-label	250,000
Totals
Branded	3,600,000
Private-label	1,000,000

Then the company's $15.0 million in total administrative expenses would result in:

allocations of $3.75 million in administrative expenses to each of the four regions. administrative expenses of $4.17 per branded pair and $0.00 per private-label pair in all four geographic regions. administrative expenses of $4.00 per branded pair in North America and $4.25 per branded pair in Europe-Africa, Latin America and Asia-Pacific regions. $11,739,000 in administrative expenses being allocated to branded footwear and $3,261,000 to private-label footwear None of the above.