Management of Wee Ones (WO), an operator of day-care facilities, wants the company's profit to...
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Accounting
Management of Wee Ones (WO), an operator of day-care facilities, wants the company's profit to be subdivided by center. The firm's accountant has provided the following data:
| Center | Budgeted Revenue | Actual Revenue | Budgeted Direct Costs | Actual Direct Costs | ||||||||||||
| Downtown | $ | 265,500 | $ | 375,900 | $ | 322,000 | $ | 360,800 | ||||||||
| Irvine | 531,000 | 608,600 | 579,600 | 492,000 | ||||||||||||
| H. Beach | 973,500 | 805,500 | 708,400 | 787,200 | ||||||||||||
| Totals | $ | 1,770,000 | $ | 1,790,000 | $ | 1,610,000 | $ | 1,640,000 | ||||||||
WO's advertising, which is handled by the home office, is not reflected in the preceding figures and amounted to $80,000. If advertising expense were allocated to centers based on actual center profitability, the amount of advertising expense allocated to the Irvine center would be closest to:
Multiple Choice
$26,727.
$27,952.
$40,000.
$62,187.
None of the answers is correct.
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