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Could please answer part (C) which is blank. if you can fill out the table, it will be helpful. Thank you Chic Department Store has
Could please answer part (C) which is blank. if you can fill out the table, it will be helpful. Thank you
Chic Department Store has a new promotional program that offers a free gift-wrapping service for its customers. Chic's customer-service department has practical capacity to wrap 8,125 gifts at a budgeted fixed cost of $6,825 each month. The budgeted variable cost to gift wrap an item is $0.40. During the most recent month, the department budgeted to wrap 6,825 gifts. Although the service is free to customers, a gift-wrapping service cost allocation is made to the department where the item was purchased. The customer-service department reported the following for the most recent month: (Click the icon to view the actual and budgeted units.) Read the requirements. - X Data table C. Requirement 1. Using the single-rate method, allocate gift-wrapping costs to different departments in these three ways. Start with allocating (a), then (b), and finally (c). (Round all of your answers to the nearest cent.) 1 Department ( (a) (b) b (c) ( B Budgeted Items Actual Items Wrapped Wrapped 2,450 2,180 810 720 2 Giftware Budgeted rate per item: $ 1.40 $ 1.40 3 Women's Apparel 4 Fragrances 5 Men's Apparel 1,795 1,560 Giftware $ 3,430.00 $ 3,052.00 1,134.00 1,008.00 470 530 6 Domestics 1,300 1,460 Women's Apparel Fragrances Men's Apparel 2,513.00 658.00 2,184.00 742.00 7 Total 6,825 6,450 Domestics 1,820.00 2,044.00 $ 9,555.00 $ 9,030.00 Total Print DoneStep by Step Solution
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