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Marks Corporation has two operating departments, Drilling and Grinding, and an office. The three categories of office expenses are allocated to the two departments using
Marks Corporation has two operating departments, Drilling and Grinding, and an office. The three categories of office expenses are allocated to the two departments using different allocation bases. The following information is available for the current period Office Expenses Salaries Depreciation Advertising Total $53,000 31,500 74, see Allocation Basis Number of employees Cost of goods sold Net sales Item Number of employees Net sales Cost of goods sold Drilling Grinding Total 2,840 41.260 7.100 5362,375 $529,625 $892,000 $109,5805182,505292.000 The amount of the total office expenses that should be allocated to Ganding for the current periods (Do not round your intermediate calculations Multiple Choice $63.422 572672 $95,72 5:59.000 A company has two departments Y and Z that incur wage expenses An analysis of the total wage expense of $42,000 indicates that Dept Y had a direct wage expense of $6,600 and Dept Z had a direct wage expense of $10,400. The remaining expenses are Indirect and analysis indicates they should be allocated evenly between the two departments Departmental wage expenses for Dept Y and Dept Z respectively, are Multiple Choice $19.100. 52.2.900 $22.900.519.100 521000 2100 $21000: $21,000 $6600 $10,400 512.500, 512 500
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