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Walmart Inc. has indirect costs of $10,000,000, which need to be allocated to two departments, Grocery and Electronics. Department Grocery occupies 70% of the total
Walmart Inc. has indirect costs of $10,000,000, which need to be allocated to two departments, Grocery and Electronics. Department Grocery occupies 70% of the total space, and department Electronics occupies 30%. Allocate indirect costs based on the square footage occupied by each department.
Department | Percentage of Space Occupied | Indirect Cost Allocation |
Grocery | 70% | |
Electronics | 30% |
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