Business, 13.04.2021 22:20, simplekaryme0

Marks Corporation has two operating departments, Drilling and Grinding, and an office. The three categories of office expenses are allocated to the two departments using different allocation bases. The following information
is available for the current period:
office Expenses
Salaries
Depreciation
Advertising
Total
$52,000
37,000
75,000
Allocation Basis
Number of employees
Cost of goods sold
Net sales
Item
Number of employees
Net sales
Cost of goods sold
Drilling Grinding Total
1,600 2,400
4,000
$400,000 $600,000 $1,000,000
$152,000 $248,000 $ 400,000
The amount of depreciation that should be allocated to Drilling for the current period is.

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 14:20, Champion9701

For the year ended december 31, a company has revenues of $323,000 and expenses of $199,000. the company paid $52,400 in dividends during the year. the balance in the retained earnings account before closing is $87,000. which of the following entries would be used to close the dividends account?

Answers: 3

continue

Business, 22.06.2019 17:40, kennyg02

Because the demand for wheat tends to be inelastic. true or false

Answers: 1

continue

Business, 22.06.2019 19:00, karmaxnagisa20

By 2020, automobile market analysts expect that the demand for electric autos will increase as buyers become more familiar with the technology. however, the costs of producing electric autos may increase because of higher costs for inputs (e. g., rare earth elements), or they may decrease as the manufacturers learn better assembly methods (i. e., learning by doing). what is the expected impact of these changes on the equilibrium price and quantity for electric autos?

Answers: 1

continue

Business, 22.06.2019 21:00, QueenMiah16

Sue peters is the controller at vroom, a car dealership. dale miller recently has been hired as the bookkeeper. dale wanted to attend a class in excel spreadsheets, so sue temporarily took over dale's duties, including overseeing a fund used for gas purchases before test drives. sue found a shortage in the fund and confronted dale when he returned to work. dale admitted that he occasionally uses the fund to pay for his own gas. sue estimated the shortage at $450. what should sue do?

Answers: 3

continue

Do you know the correct answer?

Marks Corporation has two operating departments, Drilling and Grinding, and an office. The three cat...