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 Total Allocation Basis
Salaries $ 31,000β Number of employees
Depreciation 20,500β Cost of goods sold
Advertising 41,500β Net sales
Item Drilling Grinding Total
Number of employees 1080β 1620β 2700β
Net sales 326,625β 477,375β 804,000β
Cost of goods sold 76,500β 127,500β 204,000β
The amount of the total office expenses that should be allocated to Grinding for the current period is (Do not round your intermediate calculations.)
a) $56,054.
b) $46,204.
c) $93,000.
d) $36,954.
e) $600,000.
Answers: 1
Business, 21.06.2019 21:00, J3ak06
Which of the following is a reason why it is important for students to study strategy and the strategic management process? answers: studying strategy and the strategic management process can give students tools to evaluate the strategies of firms that may employ them. it can be very important to a new hire's career success to understand the strategies of the firm that hired them and their place in implementing these strategies. while strategic choices are generally limited to very experienced senior managers in large organizations, in smaller and entrepreneurial firms many employees end up being involved in the strategic management process. all of these.
Answers: 3
Business, 22.06.2019 18:00, wirchakethan23
Match the different financial task to their corresponding financial life cycle phases
Answers: 3
Business, 22.06.2019 19:20, needhelp243435
This problem has been solved! see the answerwhich of the following statements is correct? the consumer price index is a measure of the overall level of prices, whereas the gdp deflator is not a measure of the overall level of prices. if, in the year 2011, the consumer price index has a value of 123.50, then the inflation rate for 2011 must be 23.50 percent. compared to the gdp deflator, the consumer price index is the more common gauge of inflation. the consumer price index and the gdp deflator reflect the goods and services bought by consumers equally well.
Answers: 2
Marks Corporation has two operating departments, Drilling and Grinding, and an office. The three cat...
Mathematics, 25.03.2021 17:00
Mathematics, 25.03.2021 17:00
Mathematics, 25.03.2021 17:00
Mathematics, 25.03.2021 17:00