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Cost Assignment The sales staff of Central Media (a focally owned radio and cable television station) consists of two salespeople, Derek and Lawanna. During March,

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Cost Assignment The sales staff of Central Media (a focally owned radio and cable television station) consists of two salespeople, Derek and Lawanna. During March, the following salaries and commissions were paid: Derek Lawanna Salaries $25,100 $29,400 2,000 Commissions 8,200 Derek spends 100% of his time selling advertising Lawanna spends two thirds of her time selling advertising and the remaining one-third on administrative work Communs are paid only on sales Required: 1. Accumulate these costs by account by Willing in the tatile provided 1. Accumulate these costs by account by filling in the table provided Cost Accumulation Salaries Commissions Cast Derek Lawanna Total 2. Assign the costs of salaries and commission to selling expense and administrative expense by filling in the table provided. Enter "o" when no cost is to be assigned 2. Assign the costs of salaries and commissions to selling expense and administrative expense by filling in the table provided. Enter "o" when no cost is to be assigned Cost Assignment Cost Selling Costs Administrative Costs Derek's salary Lawanna's salary Derek's commissions Lawan's commissions Total

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