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Bond Company is placing an ad in the local paper to advertise its products. The ad will run for one week at a total cost

Bond Company is placing an ad in the local paper to advertise its products. The ad will run for one week at a total cost of $5,500. Bond Company has four categories of products as follows:

% of floor space occupied Expected sales value
Hardware 20% $35,000
Hand Tools 15 15,000
Lawn Furniture 45 64,500
Light Fixtures 20 25,500

Assume that Bond decides to allocate based on expected sales value. What amount of advertising cost should be allocated to light fixtures (round to the nearest dollar)?

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