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E11-2B datl ol CUloM t Selected hee Expenses de- 11-2B. Assigning Traceable Fixed partments, follow Department B $144,000 216,000 540,000 13,500 Department A 40,000 360,000
E11-2B datl ol CUloM t Selected hee Expenses de- 11-2B. Assigning Traceable Fixed partments, follow Department B $144,000 216,000 540,000 13,500 Department A 40,000 360,000 607,500 27,000 Department C $ 56,000 144,000 202,500 Inventory Square feet of floor space . 4,500 During the year, the company's fixed expenses included the following: 18,000 Personal property taxes (on inventory and equipment).. . .. . .. .. .. 30,000 Assume that the property tax rate is the same for both inventory and equipment. Using the most causally related bases, prepare a schedule assigning the fixed expenses to the three departments. Hint: Not fixed expenses are traceable to the three departments.One of these fixed costs should be considereda common cost and not traceable to the departments
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