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Two part question Advertising department expenses of $85,600 and purchasing department expenses of $51,400 of Cozy Bookstore are allocated to operating departments on the basis
Two part question
Advertising department expenses of $85,600 and purchasing department expenses of $51,400 of Cozy Bookstore are allocated to operating departments on the basis of dollar sales and purchase orders, respectively. Information about the allocation bases for the three operating departments follows. Department Sales Purchase Orders Books $ 193,200 1,551 Magazines 109,200 693 Newspapers 117,600 1,056 Total $420,000 3,300 Complete the following table by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments Complete this question by entering your answers in the tabs below. Allocation of Alloc of Serv Exp Dept Complete the following table by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments. Cost to be Advertising Allocation Base Percent of Allocation Base Allocated Allocated Cost Department Denominator of Total Numerator 0 Books Magazines Newspapers Totals 0 0 0 Allocation Base Percent of Allocation Base Numerator Denominator % of Total Cost to be Allocated Allocated Cost Purchasing Department Books Magazines Newspapers Totals 0 0 0 0 ASE Alloc of Serv Dept> Advertising department expenses of $85,600 and purchasing department expenses of $51,400 of Cozy Bookstore are allocated to operating departments on the basis of dollar sales and purchase orders, respectively. Information about the allocation bases for the three operating departments follows. Department Sales Purchase Orders $ 193,200 1,551 Magazines 199,200 693 Newspapers 117,600 1,056 Total $420,000 3,300 Books Complete the following table by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments Complete this question by entering your answers in the tabs below. Allocation of Alloc of Serv Exp Dept Complete the spreadsheet by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments. (Amounts to be deducted should be indicated with minus sign.) COZY BOOKSTORE Departmental Expense Allocation Spreadsheet Expense Totals Advertising Purchasing Books Magazines Newspapers Total department expenses $ 856,000 $ 85,600 $ 51,400 $ 214,000 $ 171,200 $333,800 Service Dept. Expenses Advertising Dept Purchasing Dept. Total expenses allocated $ 856.000 $ 85,600 $ 51,400 $ 214.000 $ 171,200 $333,800 Step by Step Solution
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