Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Suppose an amount of 24,000$ is incurred as indirect cost by department 1 and department 2, how much is the share of department 1 using

Suppose an amount of 24,000$ is incurred as indirect cost by department 1 and department 2, how much is the share of department 1 using sales revenue as the basic, provided dept.1 has a sales of 120,000$ and direct cost of 40,000$ and dept.2 has a sales of 130,000$ and a direct cost of 80,000$.

Step by Step Solution

3.40 Rating (159 Votes )

There are 3 Steps involved in it

Step: 1

ANSWER AND EXPLANATION To calculate the share of department 1 in the indirect cost of 24000 we need ... 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

Step: 3

blur-text-image

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

Corporate Finance Core Principles and Applications

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford

3rd edition

978-0077971304, 77971302, 978-0073530680, 73530689, 978-0071221160, 71221166, 978-0077905200

More Books

Students also viewed these Accounting questions