Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I need help please Jessica Porter works in both the jewelry department and the hosiery department of a retail store. Porter assists customers in both

I need help please

image text in transcribed

Jessica Porter works in both the jewelry department and the hosiery department of a retail store. Porter assists customers in both departments and arranges and stocks merchandise in both departments The store allocates Porter's $29,800 annual wages between the two departments based on a sample of the me worked in the two departments. The sample is obtained from a diary of hours worked that Porter kept in a randomly chosen two-week period. The diary showed the following hours and activities spent in the to departments Selling in jewelry department Arranging and stocking merchandise in jewelry department Selling in hosiery department Arranging and stocking merchandise in hosiery department Idle time spent waiting for a customer to enter one of the selling departments 6 hours 7.0 hours 13.0 hours 8.0 hours 5.0 hours Allocate Porter's annual wages between the two departments (Round your % of hours to 2 decimal places and your allocation to a whole dollar.) Department Hours worked Wages Allocation Percent of Hours worked Numerator Denominator % of Hours Jewelry Hosiery Totals

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Assurance And Risk

Authors: W. Robert Knechel, Steve Salterio, Brian Ballou

2rd Edition

0324022131, 978-0324022131

More Books

Students also viewed these Accounting questions