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You are tasked with allocating departmental expenses for LMN Corporation. Utilize the following data: Expense Category Department A ($) Department B ($) Department C ($)
You are tasked with allocating departmental expenses for LMN Corporation. Utilize the following data:
Expense Category Department A ($) Department B ($) Department C ($) Salaries $50,000 $40,000 $30,000 Utilities $10,000 $8,000 $6,000 Maintenance $15,000 $12,000 $10,000
Requirements:
- Allocate the expenses to each department based on a predetermined allocation method.
- Present the allocated expenses in a detailed table format.
- Discuss the rationale behind the chosen allocation method.
- Provide insights into departmental cost management.
You are tasked with allocating departmental expenses for LMN Corporation. Utilize the following data:
Expense Category | Department A ($) | Department B ($) | Department C ($) |
---|---|---|---|
Salaries | $50,000 | $40,000 | $30,000 |
Utilities | $10,000 | $8,000 | $6,000 |
Maintenance | $15,000 | $12,000 | $10,000 |
Requirements:
- Allocate the expenses to each department based on a predetermined allocation method.
- Present the allocated expenses in a detailed table format.
- Discuss the rationale behind the chosen allocation method.
- Provide insights into departmental cost management.
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