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Chesapeake Technical College allocates administrative costs to its teaching departments based on the number of students enrolled, while maintenance and utilities are allocated based on
Chesapeake Technical College allocates administrative costs to its teaching departments based on the number of students enrolled, while maintenance and utilities are allocated based on square feet of classrooms. Based on the information below, what is the total amount of expenses allocated to cach department (rounded to the nearest dollar) if administrative costs for the college were $180,000, maintenance expenses were $70,000, and utilities were $80,000? (Check: Total costs to Electronics Dspt should be a number between $$69,000 and S74,000). (3 points) Total Costs: Teaching DepartmenAdministrative Maintenance and Utilities Total Teaching Department Students Size of Classroom 156 429 78 900 sq. ft 750 sq. ft. 1,200 sq. ft 150 sq. ft Computers Plumbing Total Computers Plumbing Allocation of Administrative Costs: Teaching Department entStudents Allocated PS Use the Wally-Mart's investment center information below to calculate (a) return on total investment and (b) investment center residual income. (2 points) Computers Plumbing Totals Net Income Average Invested Assets Target Net Income S315,900 $2100,000 8%, of divation assets Allocation of Maintenance and Utilities Expenses: (a) Investment Center Return on Investment Teaching Department Square feet Total Allocated (b) Residual Income- Computers Plumbing Totals
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