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Help Sets Check A retailer pays $180,000 rent each year for its two-story building. The space in this building is occupied by five departments as
Help Sets Check A retailer pays $180,000 rent each year for its two-story building. The space in this building is occupied by five departments as specified here. Department Sare feet sceled 1,350 (first floor 3,150 (first floor) 1,935 (second floor) 720 (second floor) 1.MAS (second floor! The company allocates 70% of total rent expense to the first floor and 30% to the second floor, and then allocates rent expense for each floor to the departments occupying that floor on the basis of space occupied Determine the rent expense to be allocated to each department Cost Step 1: Allocate total rent expense between the two floors Amount of Total Allocated First toor Second floor Totals Step 2: Allocate these portions of totalrent expense across th departments occupying each floor First Floor Jowoty Dept lcosmetics Dept Sa Feet Sq. Feet % of Total Cost Second Floor Housewares Dept Tools Dept Shoes Dept Totals
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