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Marsden Company has three departments occupying the following amount of floor space: Department 1 20,000 sq. ft. Department 2 10,500 sq. ft. Department 3 30,000

Marsden Company has three departments occupying the following amount of floor space:

Department 1 20,000 sq. ft.
Department 2 10,500 sq. ft.
Department 3 30,000 sq. ft.

How much store rent should be allocated to Department 3 if total rent is equal to $94,000? (Do not round intermediate calculations.)

Multiple Choice

  • $46,612

  • $30,000

  • $16,314

  • None of the answers are correct.

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