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 $5.260 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 Revenues ($000) $ 76,500 42,300 Transactions (000) 1,666.5 583.5 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? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required 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? Note: Do not round intermediate calculations. Round your answers to the nearest whole dollar. Division F and A Cost Online $ Stores $ 3,896,937 × 1,363,063 x < Required A Required B > 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 $5.260 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: Revenues ($000) $ 76,500 42,300 Transactions (000) 1,666.5 583.5 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? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B 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. Division F and A Cost Online $ 3,387,114 x Stores $ 1,872,886 x < Required A Required B >

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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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 $5.260 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
Revenues
($000)
$ 76,500
42,300
Transactions
(000)
1,666.5
583.5
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?
Answer is complete but not entirely correct.
Complete this question by entering your answers in the tabs below.
Required A
Required 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?
Note: Do not round intermediate calculations. Round your answers to the nearest whole dollar.
Division
F and A Cost
Online
$
Stores
$
3,896,937 ×
1,363,063 x
< Required A
Required B >
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 $5.260 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 Revenues ($000) $ 76,500 42,300 Transactions (000) 1,666.5 583.5 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? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required 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? Note: Do not round intermediate calculations. Round your answers to the nearest whole dollar. Division F and A Cost Online $ Stores $ 3,896,937 × 1,363,063 x < Required A Required B >
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 $5.260 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:
Revenues
($000)
$ 76,500
42,300
Transactions
(000)
1,666.5
583.5
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?
Answer is complete but not entirely correct.
Complete this question by entering your answers in the tabs below.
Required A
Required B
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.
Division
F and A Cost
Online
$
3,387,114 x
Stores
$
1,872,886 x
< Required A
Required B >
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 $5.260 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: Revenues ($000) $ 76,500 42,300 Transactions (000) 1,666.5 583.5 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? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B 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. Division F and A Cost Online $ 3,387,114 x Stores $ 1,872,886 x < Required A Required B >
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