redo this calculation again Caf: Revenues: $1,472,432 Cost of Goods Sold: $1,113,370 Administration, Selling & Other Expenses: $1,113,370 / $9,871,446 * $3,062,352 = $357,000 Net Income: $1,472,432 - $1,113,370 - $357,000 = $2,062 Books: Revenues: $7,440,960 Cost of Goods Sold: $5,313,454 Administration, Selling & Other Expenses: $5,313,454 / $9,871,446 * $3,062,352 = $1,635,000 Net Income: $7,440,960 - $5,313,454 - $1,635,000 = $492,506 Stationery: Revenues: $4,630,720 Cost of Goods Sold: $3,444,622 Administration, Selling & Other Expenses: $3,444,622 / $9,871,446 * $3,062,352 = $1,070,352 Net Income: $4,630,720 - $3,444,622 - $1,070,352 = $115,746 b) A better method for allocating Administration, Selling & Other Expenses across the 3 departments would be Activity-Based Costing (ABC). This method allocates costs based on the activities that drive them. For example, Purchasing Department Expenses could be allocated based on the number of orders placed, Receiving Department Expenses based on the number of deliveries received, Inventory Loading Expenses based on hours of loading inventory, and Customer Support Expenses based on items sold