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contributes the largest dollar amount to total overhead? Which department contributes the highest percent (as a percent of sales) to total overhead?     Dept. A Dept. B Dept. C Sales $ 53,000   $ 180,000   $ 84,000   Costs of goods sold   34,185     103,700     49,560   Gross profit   18,815     76,300     34,440   Total direct expenses   3,660     37,060

contributes the largest dollar amount to total overhead? Which department contributes the highest percent (as a percent of sales) to total overhead?     Dept. A Dept. B Dept. C Sales $ 53,000   $ 180,000   $ 84,000   Costs of goods sold   34,185     103,700     49,560   Gross profit   18,815     76,300     34,440   Total direct expenses   3,660     37,060

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Use the information in the following table to compute each department’s contribution to overhead (both in dollars and as a percent). Which department contributes the largest dollar amount to total overhead? Which department contributes the highest percent (as a percent of sales) to total overhead?
 

  Dept. A Dept. B Dept. C
Sales $ 53,000   $ 180,000   $ 84,000  
Costs of goods sold   34,185     103,700     49,560  
Gross profit   18,815     76,300     34,440  
Total direct expenses   3,660     37,060     7,386  
 
QS 22-8 Departmental contribution to overhead LO P3 Use the information in the following table to compute each department's contribution to overhead (both in dollars and as a percent). Which department contributes the largest dollar amount to total overhead? Which department contributes the highest percent (as a percent of sales) to total overhead? Sales Costs of goods sold Gross profit Total direct expenses Dept. A Dept. B Dept. C $53,000 $180,000 $84,000 103,700 49,560 76,300 37,060 34,185 18,815 3,660 34,440 7,386 Complete this question by entering your answers in the tabs below. Contribution to Overhead Departmental Departmental Overhead in Overhead in Dollars Percent Compute each department's contribution to overhead (both in dollars and as a percent). (Round Contribution percent to 1 decimal place.) Dept. A Dept. B Dept. C Contribution to overhead Contribution percent (of sales) % % % Contribution to Overhead Departmental Overhead in Dollars >
Transcribed Image Text:QS 22-8 Departmental contribution to overhead LO P3 Use the information in the following table to compute each department's contribution to overhead (both in dollars and as a percent). Which department contributes the largest dollar amount to total overhead? Which department contributes the highest percent (as a percent of sales) to total overhead? Sales Costs of goods sold Gross profit Total direct expenses Dept. A Dept. B Dept. C $53,000 $180,000 $84,000 103,700 49,560 76,300 37,060 34,185 18,815 3,660 34,440 7,386 Complete this question by entering your answers in the tabs below. Contribution to Overhead Departmental Departmental Overhead in Overhead in Dollars Percent Compute each department's contribution to overhead (both in dollars and as a percent). (Round Contribution percent to 1 decimal place.) Dept. A Dept. B Dept. C Contribution to overhead Contribution percent (of sales) % % % Contribution to Overhead Departmental Overhead in Dollars >
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