Question

Marks Corporation has two operating departments, Drilling and Grinding, and an office. The three categories of office expenses are allocated to the two departments using different allocation bases. The following information is available for the current period: Office Expenses Total Allocation Basis Salaries $33,000 Number of employees Depreciation 23,000 Cost of goods sold Advertising 43,000 Net sales Item Drilling Grinding Total Number of employees 750 1,750 2,500 Net sales $332,000 $498,000 $830,000 Cost of goods sold $ 87,400 $142,600 $230,000 The amount of depreciation that should be allocated to Grinding for the current period is: Multiple Choice $23,000. $26,660. $8,740. $14,260. $43,000.

          Marks Corporation has two operating departments, Drilling and Grinding, and an office. The three categories of office expenses are allocated to the two
departments using different allocation bases. The following information is available for the current period:
Office Expenses
Total
Allocation Basis
Salaries
$33,000
Number of employees
Depreciation
23,000
Cost of goods sold
Advertising
43,000
Net sales
Item
Drilling Grinding Total
Number of employees
750 1,750 2,500
Net sales
$332,000 $498,000 $830,000
Cost of goods sold
$ 87,400 $142,600 $230,000
The amount of depreciation that should be allocated to Grinding for the current period is:
Multiple Choice
$23,000.
$26,660.
$8,740.
$14,260.
$43,000.

Marks Corporation has two operating departments, Drilling and Grinding, and an office. The three categories of office expenses are allocated to the two
departments using different allocation bases. The following information is available for the current period:
Office Expenses
Total
Allocation Basis
Salaries
33,000
Number of employees
Depreciation
23,000
Cost of goods sold
Advertising
43,000
Net sales
Item
Drilling Grinding Total
Number of employees
750 1,750 2,500
Net sales332,000 498,000830,000
Cost of goods sold
87,400142,600 230,000
The amount of depreciation that should be allocated to Grinding for the current period is:
Multiple Choice23,000.
26,660.8,740.
14,260.43,000.

Added by Esperanza S.

Question

Please give Ace some feedback