Solved

Advertising Expense Totaled $20,000

Question 32

Multiple Choice

Advertising expense totaled $20,000.If indirect advertising costs are allocated based on gross sales per department,what amount would be allocated to the Watches department if $5,000 of advertising is indirect?
Gross Sales: Jewelry,$80,000;Glassware,$30,000;Watches,$40,000.


A) $1,000
B) $1,333
C) $2,500
D) $2,667

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions