What amount of advertising cost should be allocated to light

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Reference no: EM133344917

Question: Bond Company is placing an ad in the local paper to advertise its products. The ad will run for one week at a total cost of $5,500. Bond Company has four categories of products as follows:

	% of floor space occupied	Expected sales value
Hardware	20%	$35,000
Hand Tools	15	15,000
Lawn Furniture	45	64,500
Light Fixtures	20	25,500

Assume that Bond decides to allocate based on expected sales value. What amount of advertising cost should be allocated to light fixtures (round to the nearest dollar)?

Reference no: EM133344917

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