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Question - XLF is a company with three operating divisions located in California, Nevada and Arizona. XLF's headquarters oversees the three divisions and incurred an annual costs of $2,400,000 in office expenses, accounting costs, and salaries.
Number of employees:
California 1,500
Nevada 300
Arizona 300
Net income (loss) before allocating costs:
California ($100,000)
Nevada $400,000
Arizona $500,000
1. Allocate the headquarters costs to the three divisions based on number of employees.
2. Allocate the headquarters costs to the three divisions based on net income (loss).
3. Briefly discuss the advantages and/or disadvantages of the two methods.
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