Marks Corporation Has Two Operating Departments Drilling And Grinding And An Office The Three Categories Of Office Ex 1 (22.25 KiB) Viewed 9 times
Marks Corporation Has Two Operating Departments Drilling And Grinding And An Office The Three Categories Of Office Ex 2 (12.96 KiB) Viewed 9 times
Marks Corporation has two operating departments, Drilling and Grinding, and an office. The three categories of office expenses are stocated to the two departments using different allocation bases. The following information is available for the current period: office Expenses Salaries Depreciation Advertising Item Number of employees i Net sales. Cost of goods sold i Multiple Choice $48,000 Total $48,000 24,000 47,000 $28,800 Drilling 1,200 Allocation Basis Number of employees Cost of goods sold Net sales The amount of salaries that should be allocated to Grinding for the current period is: Grinding Total 1,000 3,000 $ 346,000 $ 519,000 $ 102,600 $ 167,400 $865,000 $270,000
2 The amount of salaries that should be allocated to Grinding for the current period is Multiple Choice $48.000 $28,800 $16,400. O $24,000. $14,880.
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