Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Macee Department Store has three departments, and it conducts advertising campaigns that benefit all departments. Advertising costs are $118,000 this year, and departmental sales for
Macee Department Store has three departments, and it conducts advertising campaigns that benefit all departments. Advertising costs are $118,000 this year, and departmental sales for this year follow.
Department | Sales | |
1 | $ | 222,500 |
2 | 409,400 | |
3 | 258,100 |
How much advertising cost is allocated to each department if the allocation is based on departmental sales?
Department | Sales | % of Total | Advertising to Allocate | Allocated Amount |
1 | $222,500 | 19.00% | $118,000 | |
2 | 409,400 | 118,000 | ||
3 | 258,100 | 118,000 | ||
Total | $890,000 | 19.00% | $0 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started