Hello experts,

I have worked on these five problems on my homework and each time i either get different answers or i get an answer that is absent from the multiple choice sections. Any help on these five questions?

-Thank You!

1)

A retail store has three departments, S, T, and U, and does general advertising that benefits all departments. Advertising expense totaled $54,000 for the year, and departmental sales were as follows. Allocate advertising expense to Department T based on departmental sales. (Do not round your intermediate calculations.)

Department S	$108,000
Department T	217,750
Department U	156,650
Total	482,400

$24,375.

$16,467.

$10,800.

$54,000.

$13,800.

2)

Canfield Technical School allocates administrative costs to its respective departments based on the number of students enrolled, while maintenance and utilities are allocated per square feet of the classrooms. Based on the information below, what is the total amount of administrative cost to the Accounting Department (rounded to the nearest dollar) if administrative costs for the school were $68,000, maintenance fees were $13,800, and utilities were $6,900?

Department	Students	Classrooms
Electrical	138	10,900 sq. ft.
Welding	79	12,900 sq. ft.
Accounting	59	8,900 sq. ft.
Carpentry	49	6,900 sq. ft.
Total	325	39,600 sq. ft.

$12,345.

$23,120.

$24,620.

$31,011.

$15,283.

3)

Marks Corporation has two operating departments, Drilling and Grinding, and an office. The three categories of office expenses are allocated to the two departments using different allocation bases. The following information is available for the current period:

Office Expenses	Total	Allocation Basis
Salaries	$43,000	Number of employees
Depreciation	26,500	Cost of goods sold
Advertising	59,500	Net sales
Item	Drilling	Grinding	Total
Number of employees	2,040	3,060	5,100
Net sales	$346,125	$505,875	$852,000
Cost of goods sold	$94,500	$157,500	$252,000

The amount of the total office expenses that should be allocated to Grinding for the current period is (Do not round your intermediate calculations.)

$77,691.

$600,000.

$60,641.

$51,391.

$129,000

4)

A company pays $38,000 per period to rent a small building that has 12,300 square feet of space. This cost is allocated to the company's three departments on the basis of the amount of the space occupied by each. Department One occupies 2,460 square feet of floor space, Department Two occupies 3,690 square feet of floor space, and Department Three occupies 6,150 square feet of floor space. If the rent is allocated based on the total square footage of the space, Department One should be charged rent expense for the period of:

$11,300.

$7,600.

$4,920.

$2,706.

$2,460.

5)

Refer to the following selected financial information from McCormik, LLC. Compute the company's inventory turnover for Year 2.

	Year 2	Year 1
Cash	$ 38,700	$ 33,450
Short-term investments	102,000	66,000
Accounts receivable, net	91,500	85,500
Merchandise inventory	127,000	131,000
Prepaid expenses	13,300	10,900
Plant assets	394,000	344,000
Accounts payable	107,400	113,800
Net sales	717,000	682,000
Cost of goods sold	396,000	381,000

3.58.

3.07.

3.02.

5.65.

3.12.