Multiple Choice
Advertising expense totaled $60,000. 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, $20,000. (Round any percentages two decimal places, X.XX%, and round your final answer to the nearest dollar.)
A) $5,000
B) $769
C) $9,231
D) $6,667
Correct Answer:

Verified
Correct Answer:
Verified
Q62: Direct expenses, such as salaries, can be
Q63: In a department store, the men's clothing
Q64: All of the following are used to
Q65: Below is a list of departments; you
Q66: Which of the following is normally the
Q68: When a company tracks gross profit by
Q69: The catering department of a construction firm
Q70: A profit center and a cost center
Q71: Sales minus cost of goods sold yields:<br>A)
Q72: A department income statement showing gross profit