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dolphi86 [110]
3 years ago
11

A retail store has three departments, S, T, and U, and does general advertising that benefits all departments. Advertising expen

se totaled $50,000 for the year, and departmental sales were as follows. Allocate advertising expense to Department T based on departmental sales. Department S $ 110,000 Department T 213,750 Department U 151,250 Total $ 475,000 Multiple Choice $11,000. $14,000. $16,667. $22,500. $50,000.
Business
1 answer:
Andrew [12]3 years ago
8 0

Answer: $22,500

Explanation:

First calculate the rate of allocation based on sales to determine how much of Department T's sales should be attributed to Advertising.

The Rate of Allocation based on Sales = Advertising Expense/Total sales

= 50,000/475,000

= 0.105263

= 10.5263%

This 10.5% can then be used to find out how much of Advertising to apportion to Department T based on department sales,

= Department sales * Allocation rate

= 213,750 * 10.5263%

= $22,500

$22,500 should be allocated to Department T.

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Answer:

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2 years ago
Fremont Enterprises has an expected return of 18 % and Laurelhurst News has an expected return of 21 %. If you put 43 % of your
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Answer: 19.29%

Explanation:

From the question, Fremont Enterprises has an expected return of 18% and 57% of the portfolio is put in​ Fremont. The portfolio return of Fremont will be the expected return multiplied by the weight. This will be:

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= 10.26%

We are also told that Laurelhurst News has an expected return of 21% and that 43% of the portfolio is put in​ Laurelhurst News. The portfolio return here will be the expected return multiplied by the weight. This will be:

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4 0
3 years ago
A registered investment company whose share price fluctuates independently of its net asset value is most likely
bazaltina [42]

Answer:

Closed-End Fund

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Accruals recorded in the Salaries and Wages Expense and Salaries and Wages Payable columns of the balance sheet and income state
zhenek [66]

Answer:

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nirvana33 [79]
They can go to a well known reputable counsellor and both present their points of view and their reasoning and discuss it with the counsellor who should be able to delve into the reasoning for their moral positions and perhaps find common ground for the two positions or point out inconsistencies in the arguments of one to increase understanding of the other parties's position and arrive at a mutually beneficial result.
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