AGrade Learning who has a required rate of return of 15% has provided you with the following information: for their three divisions Details Division Fees Revenue Division Costs Floor Space Direct Labour Hours Investment a. 181837.46 b. 13721.06 C. 163047.51 d. Business Science 20000.00 $445813 $850805 2084 $435962 $584115 $357556 8420 2872 If total common costs are $60,000 and they are allocated based on Floor Space, what would be allocation for the common costs for Business? Arts 9233 $695994 4157 5228 $679164 $829127 $550000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question

Aa 159.

AGrade Learning who has a required rate of return
of 15% has provided you with the following
information: for their three divisions
Details
Division Fees Revenue
Division Costs
Floor Space
Direct Labour Hours
Investment
a.
181837.46
b.
13721.06
C.
163047.51
d.
Business Science
20000.00
$445813 $850805
2084
$435962 $584115 $357556
8420
2872
If total common costs are $60,000 and they are
allocated based on Floor Space,
what would be allocation for the common costs for
Business?
Arts
9233
$695994
4157
5228
$679164 $829127 $550000
Transcribed Image Text:AGrade Learning who has a required rate of return of 15% has provided you with the following information: for their three divisions Details Division Fees Revenue Division Costs Floor Space Direct Labour Hours Investment a. 181837.46 b. 13721.06 C. 163047.51 d. Business Science 20000.00 $445813 $850805 2084 $435962 $584115 $357556 8420 2872 If total common costs are $60,000 and they are allocated based on Floor Space, what would be allocation for the common costs for Business? Arts 9233 $695994 4157 5228 $679164 $829127 $550000
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education