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Problem C Quinn Company allocates all of its home office expenses to its two segments,...

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Accounting

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Problem C Quinn Company allocates all of its home office expenses to its two segments, A and B. Allocations are based on the following selected expense account balances and additional data: Home office expenses: Home office Building expense Buying expense Uncollectible accounts Depreciation of home office equipment Advertising expense Insurance expense on base 76,800 net sales 67,200 net purchases 8,000 net sales 21,120 equipment 86,400 advertising 23,040 equipment+ average inventory SegmentSegment $243,200 $76 800 $320,000 512,000128,000 640,000 Total (net) Sales (net) Equipment (cost) Advertising (cost) Average inventory 96,00064,000 160,000 25,600 160,00064,000 224,000 12,80038,400 Prepare a schedule showing the amounts of each type of expense allocable to Segments A and B using these data and bases of allocation

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