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Giardin Outdoors is a recreational goods retailer with two divisions: Online and Stores. The two divisions both use the services of the corporate Finance and Accounting (F and A) Department. Annual costs of the F and A Department total $5.225 million a year. Managers in the two operating divisions are measured based on division operating profits. The following selected data are available for the two operating divisions: Online Stores Required Required: a. What is the F and A cost that is charged to each division if divisional revenues are used as the allocation basis? b. What is the F and A cost that is charged to each division if the the number of transactions is used as the allocation basis? Revenues ($000) Complete this question by entering your answers in the tabs below. Division $ 75,100 40,900 Online Stores What is the F and A cost that is charged to each division if divisional revenues are used as the allocation basis? Note: Do not round intermediate calculations. Round your answers to the nearest whole dollar. $ $ Transactions (000) 1,316.5 408.5 Required B F and A Cost 213,708 X 213,705

Giardin Outdoors is a recreational goods retailer with two divisions: Online and Stores. The two divisions both use the services of the corporate Finance and Accounting (F and A) Department. Annual costs of the F and A Department total $5.225 million a year. Managers in the two operating divisions are measured based on division operating profits. The following selected data are available for the two operating divisions: Online Stores Required Required: a. What is the F and A cost that is charged to each division if divisional revenues are used as the allocation basis? b. What is the F and A cost that is charged to each division if the the number of transactions is used as the allocation basis? Revenues ($000) Complete this question by entering your answers in the tabs below. Division $ 75,100 40,900 Online Stores What is the F and A cost that is charged to each division if divisional revenues are used as the allocation basis? Note: Do not round intermediate calculations. Round your answers to the nearest whole dollar. $ $ Transactions (000) 1,316.5 408.5 Required B F and A Cost 213,708 X 213,705

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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Giardin Outdoors is a recreational goods retailer with two divisions: Online and Stores. The two divisions both use the services of the corporate Finance and Accounting (F and A) Department. Annual costs of the F and A Department total $5.225 million a year. Managers in the two operating divisions are measured based on division operating profits. The following selected data are available for the two operating divisions: Revenues ($000) Online Stores Required: a. What is the F and A cost that is charged to each division if divisional revenues are used as the allocation basis? b. What is the F and A cost that is charged to each division if the the number of transactions is used as the allocation basis? Required A Complete this question by entering your answers in the tabs below. $ 75,100 40,900 Division Online Stores What is the F and A cost that is charged to each division if divisional revenues are used as the allocation basis? Note: Do not round intermediate calculations. Round your answers to the nearest whole dollar. $ Transactions (000) 1,316.5 408.5 Required B F and A Cost 213,708 X 213,705
Transcribed Image Text:Giardin Outdoors is a recreational goods retailer with two divisions: Online and Stores. The two divisions both use the services of the corporate Finance and Accounting (F and A) Department. Annual costs of the F and A Department total $5.225 million a year. Managers in the two operating divisions are measured based on division operating profits. The following selected data are available for the two operating divisions: Revenues ($000) Online Stores Required: a. What is the F and A cost that is charged to each division if divisional revenues are used as the allocation basis? b. What is the F and A cost that is charged to each division if the the number of transactions is used as the allocation basis? Required A Complete this question by entering your answers in the tabs below. $ 75,100 40,900 Division Online Stores What is the F and A cost that is charged to each division if divisional revenues are used as the allocation basis? Note: Do not round intermediate calculations. Round your answers to the nearest whole dollar. $ Transactions (000) 1,316.5 408.5 Required B F and A Cost 213,708 X 213,705
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