Exercise 24-3 Service department expenses allocated to operating departments LO P2 Advertising department expenses of $31,600 and purchasing department expenses of $63,300 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 Salem Purchase Order $200,000 552 Magazines 84.000 340 Newspapers 116,000 $400,000 Books 300 1,200 Total 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 Alloc of Serv Exp Dept Complete the following table by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments. Allocation Base Cost to be Allocated Allocated Cost Percent of Allocation Base Numerator Denominator % of Total Advertising Department Books Magazines Newspapers Totais Allocation Base Cost to be Allocated Allocated Cost Percent of Alloontion Base Numerator Denominator % of Total Purchasing Department Books Magazin Newspapers Total A Allocation of Alloc of Serv Exp Dept Complete the spreadsheet by allocating the expenses of tife two service departments (advertising and purchasing) to the three operating departments. (Amounts to be deducted should be indicated with minus sign.) COZY BOOKSTORE Departmental Expenso Allocation Spreadsheet Expense Totals Advertising Purchasing Books Magazines Newspapers Total department expenses $ 791,000 $ 31,600 $ 63,300 $ 221,500 $ 158,200 $ 316,400 Service Dept. Expenses Advertising Dept Purchasing Dept. Total expenses allocated $ 791,000