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Exercise 24-3 Service department expenses allocated to operating departments LO P2 Advertising department expenses of $71,000 and purchasing department expenses of $78,900 of Cozy Bookstore

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Exercise 24-3 Service department expenses allocated to operating departments LO P2 Advertising department expenses of $71,000 and purchasing department expenses of $78,900 of Cozy Bookstore are allocated to operating departments on the basis of dollar sales and purchase orders, respectively. Information about the allocation bases for the three operating departments follows. Department Books Magazines Newspapers Total Sales $ 201,600 92,400 126.000 $420,000 Purchase Orders 1,225 725 550 2,500 Complete the following table by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments Complete this question by entering your answers in the tabs below. Allocation of Exp Alloc of Serv Dept 2 Complete the following table by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments. eBook Allocation Base Percent of Allocation Base Numerator Denominator of Total Cost to be Allocated Allocated Cool Pro Advertising Department Books Magazines Newspapers Totals Allocation Base Cost to be Allocated Allocated Cost Percent of Allocation Base Numerator Denominator % of Total Purchasing Department Books Magazines Newspapers Totals Complete this question by entering your answers in the tabs below. 42 Allocation of Alloof Serv Exp Dept Complete the spreadsheet by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments. (Amounts to be deducted should be indicated with minus sign.) Print COZY BOOKSTORE Departmental Expense Allocation Spreadsheet Expense Totals Advertising Purchasing Books Magazines News Total department expenses $ 789,000 $ 71,000 $ 78,900 $213.000 $ 157,800 $ 268,300 Service Dept. Expenses Advertising Dept. Purchasing Dept Total expenses allocated 5 789,000

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