Cost Assignment

The sales staff of Central Media (a locally owned radio and cable television station) consists of two salespeople, Derek and Lauren. During March, the following salaries and commissions were paid:

	Derek	Lauren
Salaries	$21,000	$30,000
Commissions	5,500	1,100

Derek spends 100% of his time selling advertising. Lauren spends two-thirds of her time selling advertising and the remaining one-third on administrative work. Commissions are paid only on sales.

Required:

Enter all amounts as positive numbers.

1. Accumulate these costs by account by filling in the following table:

Staff	Salaries		Commissions
Derek	$fill in the blank 1		$fill in the blank 2
Lauren	fill in the blank 3		fill in the blank 4
Total	$fill in the blank 5		$fill in the blank 6

2. Assign the costs of salaries and commissions to selling expense and administrative expense by filling in the following table:

If an amount box does not require an entry, leave it blank.

Staff	Selling Costs			Administrative Costs
Derek's salary	$fill in the blank 7			$fill in the blank 8
Lauren's salary	fill in the blank 9			fill in the blank 10
Derek's commissions	fill in the blank 11			fill in the blank 12
Lauren's commissions	fill in the blank 13			fill in the blank 14
Total	$fill in the blank 15			$fill in the blank 16