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Question

No standard rule identifies the best basis for allocating expenses across departments. True or False Marcus Company has two service departments: Office and Purchasing. Total expenses for the Office are $48,000 and for Purchasing are $68,000. 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 $990,000 1,032 Magazines $396,000 720 Newspapers $414,000 648 Totals $1,800,000 2,400 Expenses allocated from the Purchasing department to the company's Newspaper department are: Multiple Choice $31,320. $12,960. $29,240. $18,360. $20,400.

          No standard rule identifies the best basis for allocating expenses across departments.

True or False

Marcus Company has two service departments: Office and Purchasing. Total expenses for the Office are $48,000 and for Purchasing are $68,000. 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           $990,000     1,032
Magazines       $396,000     720
Newspapers      $414,000     648
Totals          $1,800,000   2,400

Expenses allocated from the Purchasing department to the company's Newspaper department are:

Multiple Choice
$31,320.
$12,960.
$29,240.
$18,360.
$20,400.

no standard rule identifies the best basis of allocating expenses across departments true or false marcus company has two service departments office and purchasing total expenses for the off 07103

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