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Compute the indirect cost rate

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Question - Sales Smart allocates advertising expenses to its two departments, F and M, using sales as the cost driver. For the current year the sales for department F are estimated to be $900,000 and for department M $600,000 and total advertising expenses are budgeted at $55,000. Compute the indirect cost rate?

a. F$33,000: M $22,000

b. $.036 per sales dollar

c. F$.0611: M $.0917 per sales dollar

d. F$36,667: M $18,333

Reference no: EM132714411

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