Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. exercise 9-3(algo) service department expenses all

Exercise 9-3(Algo) Service department expenses allocated to operating departments LO P2 ...

50.1K

Verified Solution

Question

Accounting

Exercise 9-3(Algo) Service department expenses allocated to operating departments LO P2
Lucia Company has two service departments: Office and Purchasing. Total expenses for the Office is $54,100 and for Purchasing is $33,800. Expenses for the Office are allocated to operating departments based on sales. Expenses for Purchasing are allocated to operating departments based on purchase orders.
Department Sales Purchase Orders
Books $ 143,5001,440
Magazines 70,000756
Newspapers 136,5001,404
Total $ 350,0003,600
Allocate the expenses from (a) the Office and (b) Purchasing to each of the companys three operating departments using the given information.Lucia Company has two service departments: Office and Purchasing. Total expenses for the Office is $54,100 and for Purchasing is
$33,800. Expenses for the Office are allocated to operating departments based on sales. Expenses for Purchasing are allocated to
operating departments based on purchase orders.
Allocate the expenses from (a) the Office and (b) Purchasing to each of the company's three operating departments using the given
information.
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

The following data represent the pH of rain for a random sample of 12 rain dates....

Physics
1.2K views

1) An electron passes through a point 3.15 cm from a long straight wire as it...

Accounting
1.2K views

Problem 13-28 Net Present Value Analysis [LO13-2] Bilboa Freightlines, S.A., of Panama, has a small truck...

Biology
1.2K views

10 points What is at least 2 major immediate cultural considerations that should be provided...

Physics
1.2K views

In a certain region of space electric field is given by 21 3j 4k The...

Basic Math
1.2K views

Simplify the expression 65 0 04 1 0 04

Basic Math
1.2K views

12 1 point 600 is invested quarterly for 4 years into a fund that pays...

Basic Math
1.2K views

The angle of elevation to the top of a building from a point on the...

Statistics
1.2K views

to help decide when and where to advertise an electronics repair company decided to pull...

Calculus
1.2K views

Find the length of the following curve 312 y 2x from x 0 to x...

Accounting
1.2K views

Part 1 It is January 1, 2015, the first business day of the month,...

Accounting
1.2K views

1. Prepare journal entries to record the April transactions shown on the "Transactions" page (see...