1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
babymother [125]
3 years ago
14

Pepper Department store allocates its service department expenses to its various operating (sales) departments. The following da

ta is available for its service departments: Expense Basis for allocation Amount Rent Square feet of floor space $ 24,000 Advertising Amount of dollar sales $ 30,000 Administrative Number of employees $ 45,000 The following information is available for its three operating (sales) departments: Department Square Feet Dollar Sales Number of employees
A 3,000 $ 280,000 6
B 3,400 $ 300,000 8
C 3,600 $ 420,000 10
Totals 10,000 $ 1,000,000

What is the total expense allocated to Department B?
Business
2 answers:
Semenov [28]3 years ago
7 0

Answer:

The expense related to department B is $ 32,160

Explanation:

We are required to calculate the total cost for Department B.

Square feet total is $24000. The square feet occupied by B is 3400.

Therefore the expense for department B is 3400/10000 * 24000 =  $8160

Now we need to allocate the advertising expense. We can allocate this based on the number of sales in dollar value per department. Therefore the cost for department B will be 300/1000*30000 = $ 9000

Administrative expenses should be allocated based on the number of employees. There are 24 employees in total. Department B has 8 employees.

Admin costs are $ 45000. Thus Department B's expense is 8/24*45000 = $15000

Total expenditure is therefore $8160 + $9000 + $15000 =  $ 32160

just olya [345]3 years ago
4 0

Answer:

$32,160.00  

Explanation:

Each of the expenses would be allocated as follows:

Advertising expense =   (300,000/1,000,000) ×  30,00  =9,000

Rent            (  3400/10,000 24000) ×   24,000 =   8,160

Administrative expenses  (8/24 ×  45,000)  =  15,000

Total expense allocated to Department B

= 9000+ 8160 + 15000

= $32,160.00  

You might be interested in
What do you think happens to the price of an object as it goes through a large number of intermediaries?
Mrac [35]
Because the manufacturer is also the entity selling the good or service, prices tend to be lower in a direct distribution channel. Indirect channels, on the other hand, generally see higher prices because of the number of intermediaries involved. The more there are, the higher the price.
6 0
3 years ago
A practitioner may perform an agreed-upon procedures engagement on prospective financial statements provided that which of the f
Marat540 [252]

Answer:

Option b is correct

Explanation:

The requirement of this service is to be independently derived because the procedures vary according to needs of the parties involved in the agreement.

6 0
3 years ago
The​ ________ view of social responsibility is that managers today are employees with a primary responsibility to shareholders a
ira [324]

Answer:

The​ classical view of social responsibility is that managers today are employees with a primary responsibility to shareholders and their single focus should be on generating financial returns.

Explanation:

4 0
1 year ago
Jeremy earned $100,000 in salary and $6,000 in interest income during the year. Jeremy’s employer withheld $11,000 of federal in
Alenkinab [10]

Answer:

Answer is explained below.

Explanation:

Description                                       Amount      Computation

(1)Gross Income                               $106,000 $100,000 Salary+ $6000 Interest income                                                                

(2)For AGI Deductions                             0  

(3)Adjusted Gross Income                $106,000 (1) - (2)

(4)Standard Deduction                           $18350        Head of Household

(5)Itemized deductions                            $7,000  

(6)Greater of standard deduction            ($18350) (5)<(4)

and itemized deductions

(7)Taxable Income                                      $87650 (3) + (6)

(8)Income Tax liability                                $13,790  ($87,650                          -$84,200)×24%+$12,962(See tax rate schedule for head of household)

(9)Child Tax credit                                    ($2000)  

(10)Tax withholding                               ($11000)  

Income Tax liability                                $790 (8) + (9) + (10)

4 0
3 years ago
Read 2 more answers
Jerome is the hr manager for the xyz company. He has committed to monitoring more hr activities​ (such as time to hire and cost
bija089 [108]

There are five commonly known management functions: <u>planning, organizing, staffing, directing, and controlling. </u>

The management function that Jerome is engaging in when he’s monitoring time to hire and cost of hires is called controlling.

Controlling is defined as <em>ensuring that things are going well by measuring the rights metrics and comparing to expected performance, as well as taking corrective actions when necessary. </em>


5 0
3 years ago
Other questions:
  • The following information is available for two different types of businesses for the Year 1 accounting year. Hopkins CPAs is a s
    7·1 answer
  • What is the difference between gross pay and net pay? gross pay describes your pay after deductions; net pay is before gross and
    11·1 answer
  • Liquidity Ratios You have the following information on Marco's Polo Shop: total liabilities and equity = $212 million; current l
    5·1 answer
  • Wildhorse Co. purchased machinery on January 1 at a list price of $450000, with credit terms 2/10, n/30. Payment was made within
    11·1 answer
  • Which benefit typically costs an employer the most to provide?
    7·1 answer
  • Jake's been trying to build brand awareness for his new clothing line. Initial branding attempts were successful, but he now wan
    6·1 answer
  • Interest rates on mortgages are lower because the home is _____.
    6·1 answer
  • Marketing managers at a cosmetic company wanted to find out how resistant their product is to smudging. They hired a research fi
    7·1 answer
  • I need money help me!
    12·2 answers
  • For better inventory and distribution, employees should be educated on all of the procedures involved and should be given as muc
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!