Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following cost data pertain to the operations of Montgomery Department Stores, Inc., for the month of July. Corporate legal office salaries $ 64,200 Apparel

The following cost data pertain to the operations of Montgomery Department Stores, Inc., for the month of July.

Corporate legal office salaries $ 64,200
Apparel Department cost of salesEvendale Store $ 113,700
Corporate headquarters building lease $ 58,500
Store managers salaryEvendale Store $ 14,800
Apparel Department sales commissionEvendale Store $ 7,700
Store utilitiesEvendale Store $ 11,300
Apparel Department managers salaryEvendale Store $ 8,500
Central warehouse lease cost $ 18,800
Janitorial costsEvendale Store $ 12,550

The Evendale Store is one of many stores owned and operated by the company. The Apparel Department is one of many departments at the Evendale Store. The central warehouse serves all of the companys stores.

1. What is the total amount of the costs listed above that are direct costs of the Apparel Department?

2. What is the total amount of the costs listed above that are direct costs of the Evendale Store?

3. What is the total amount of the Apparel Departments direct costs that are also variable costs with respect to total departmental sales?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

Surviving A HIPAA Audit Learning The Art Of Compliance

Authors: Dave Sweigert

1st Edition

1507617453, 978-1507617458

More Books

Students also viewed these Accounting questions

Question

Explain the causes of indiscipline.

Answered: 1 week ago

Question

Explain the factors influencing wage and salary administration.

Answered: 1 week ago