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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
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 Allocation Basis Total $50,000 Salaries Number of employees Cost of goods sold Depreciation Advertising 34,000 Net sales 68,000 Drilling Grinding Total Item Number of employees 1,800 $388,000 $582 , 000 $970, 000 $140,600 $229,400 $370,000 2,700 4,500 Net sales Cost of goods sold The amount of depreciation that should be allocated to Grind ing for the current period is: Multiple Choice $42,160. $34,000. $68,000. $21,080. $12,920
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