How much advertising cost allocated to operating department

Assignment Help Managerial Accounting
Reference no: EM133168247

Question - Macee Store has three operating departments, and it conducts advertising that benefits all departments. Advertising costs are $130,000. Sales for its operating departments follow.

Department

Sales

1

$245,000

2

450,800

3

284,200

Required - How much advertising cost is allocated to each operating department if the allocation is based on departmental sales?

Reference no: EM133168247

Questions Cloud

Calculate the net present value : The machine would cost $ 313,000 and has an estimated useful life of 10 years with zero salvage value. Calculate the net present value
How should you evaluate and document the advice you receive : He agrees to help you determine the depreciation lives of the building components and the tax benefits of the expenditures. How should you evaluate and document
Discuss whether peter advice was correct : Discuss whether Peter's advice was correct. Provide calculations to support the answer
What is forest diluted eps : On January 1, 2022, Forest issues $1,750,000 of 5-year, 6% convertible bonds at par. What is Forest's diluted EPS for 2022
How much advertising cost allocated to operating department : How much advertising cost is allocated to each operating department if the allocation is based on departmental sales
Build a long short-term memory : Evaluate your model by determining the root mean squared error and explain your results (how accurate is your model, what could you do to make it better, etc.)
Calculate the capital gain or loss for each : The painting sold for $350,000 and the auction house charged a commission of 20% on the sales price. Calculate the capital gain or loss for each
What is the present value of the combined cash flows : You expect to receive two cash flows: $8,000 paid after 3 years and $16,000 paid after 6 years. What is the present value of the combined cash flows
Determine the impairment loss allocated to building : At reporting date Guru Ltd estimated an impairment loss of $14897 against its single cash-generating unit. Determine the impairment loss allocated to building

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd