Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Marathon Running Shop has two service departments (averten bis administent) and two oporating departments shoes and clothing) During 2015 the departments had the following direct

image text in transcribed
image text in transcribed
Marathon Running Shop has two service departments (averten bis administent) and two oporating departments shoes and clothing) During 2015 the departments had the following direct expenses and occupied the following amount of foor space Department Advertising Administrativo Shoes Clothing Direct Expenses 15,000 28,000 123,000 18.000 Square Fort 1,080 900 3330 3.600 The advertising dopartment developed and distributed 20 advertisments during the year of theso, 72 promotod shoes and 168 promoted clothing. The store sold $200,000 of merchandise during the year of this amount $100,400 from the shoes department and 59 60 from the clothing department The titis expense of $45.000 is an indirect expense to all departments Complete a departmental exponse location spreadsheet for Marathon Running Shop The spreadshot should assign (1) direct expenses to each of the four departments (2) the $45,000 of utilities expense to the four departments on the basis of foor space occupied, the advertising departments exponses to two operating departments on the basis of the nombor of ads blaced that promoted a department's products, and (4) the administrative departments expenses to the two operating content tod on the amount of sales MARATHON RUNNING SHOP Departmental Expense Allocation Spreadsheet For Year Ended December 31, 2015 Expense Totals Advertising Administrative Shoes Clothing 0 0 0 0 0 0 Direct expense Indirect utilities expenses Total deplex Service Dept. Expenses Advertising Depi Administrative Dept Total expenses allocated 0 $ 0 $ 0$ 0 S 05

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_2

Step: 3

blur-text-image_3

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

Proli Footwear Inc An Audit And Fraud Simulation For Team Based Student Learning

Authors: Prof Richard J. Proctor CPA, Prof Patricia M. Poli Phd

2nd Edition

0615455492, 978-0615455495

More Books

Students also viewed these Accounting questions

Question

Write down the three Pythagorean Identities.

Answered: 1 week ago

Question

12:18PM A

Answered: 1 week ago

Question

(1 point) Calculate 3 sin x cos x dx.

Answered: 1 week ago

Question

Find the derivative of y= cos cos (x + 2x)

Answered: 1 week ago