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 glassware 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:

Verified
Correct Answer:
Verified
Q72: Compute net income for the housewares department,when
Q73: Which of the following would be a
Q74: The photography department in a department
Q75: To calculate gross profit,subtract cost of goods
Q77: A indirect expense should be traceable to
Q78: The PPC department of Ajax shows gross
Q79: If the cosmetic department in the store
Q80: From the following partial data,prepare a
Q81: Sports apparel department's gross profit is $300,000;
Q118: Indirect expenses are subjective in nature and