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Can you please show me how to do the following questions Exercise 24-3 Service department expenses allocated to operating departments LO P2 Advertising department expenses
Can you please show me how to do the following questions
Exercise 24-3 Service department expenses allocated to operating departments LO P2 Advertising department expenses of $43,400 and purchasing department expenses of $57,800 of Cozy Bookstore are allocated to operating departments on the basis of dollar sales and purchase orders, respectively. Information about the allocation bases for the three operating departments follows. Sales $175,000 105,000 Department Books Magazines Newspapers Total Purchase Orders 984 672 744 2,400 70,000 $350,000 Complete the following table by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments. Allocation of Exp Alloc of Serv Dept Complete the following table by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments Percent of Allocation Base Advertising Allocation Base Cost to be Allocated Allocated Cost Department Numerator Denominator! % of Total Books Magazines Newspapers Totals Purchasing Percent of Allocation Base Allocation Base Cost to be Allocated Allocated Cost Department Numerator Denominator! % of Total Books Magazines Newspapers Totals Allocation ofAlloc of Serv Exp Dept Complete the spreadsheet by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments. (Amounts to be deducted should be indicated with minus sign.) COZY BOOKSTORE Departmental Expense Allocation Spreadsheet Expense Totals Advertising Purchasing BooksMagazines Newspapers Total department expenses 723,000 43,400 $57,800 $195,200 S 144,600$ 282,000 Service Dept. Expenses Advertising Dept. Purchasing Dept. Total expenses allocated723,00043,400 57,800 $195,200 144,600$ 282,000Step by Step Solution
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