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Please note the page cut off a number it is 8,000. Exquisite Department Store has a new promotional program that offles a free gft wrapping
Please note the page cut off a number it is 8,000. Exquisite Department Store has a new promotional program that offles a free gft wrapping service for gits at a budgeted foxed cost of $6,800 each month. The budgeted variable cost to gift wrap an item is $0.30 During the most recent month, the department budgeted to wrap 6.800 gits Although the service is free to customers, a gift-wrapping service cost allocation is made to the department where the item was purchased. The customer-service department reported the folow for the most recent month ts customers. Exquisite's customer-service department has practicall capacity to (Click the icon to view the actual and budgeted units ) Read the tequirements Requirement 1. Using the single-rate method, allocate gift wrapping costs to different departments in these thres way Start with allocating (a), then (b), and inally (c) (Round all of your answers to the nearest cent) Data Table Budgeted rate per tem Actual Items tems Wrapped Wrapped Women's Appare 2,470 840 1,825 425 1 240 6,800 2,140 780 1,595 530 1.106 6.150 Men's Apparel Domestics Total Women's Apparel Fragrances Men's Apparel Total Requirement 2. Using the dual-rate method, compute the amount allocated to each department capacity. (b) foxed costs are allocated based on budgeted usage of git-wrapping services, and (c all of your answers to the nearest cent) Print Done Variable Fixed Total Rate per item Women's ApparelL Fragrances Men's Apparei Backspace 6
Please note the page cut off a number it is 8,000.
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