Marsden Company has three departments occupying the following amount of floor space: Department 1 20,000 square feet Department 2 10,500 square feet Department 3 30,000 square feet How much store rent should be allocated to Department 3 If total rent is equal to $94,000? Note: Do not round Intermediate calculations. Multiple Choice $30,000 $46.612 $16,314 None of the answers are correct.
Marsden Company has three departments occupying the following amount of floor space: Department 1 20,000 square feet Department 2 10,500 square feet Department 3 30,000 square feet How much store rent should be allocated to Department 3 If total rent is equal to $94,000? Note: Do not round Intermediate calculations. Multiple Choice $30,000 $46.612 $16,314 None of the answers are correct.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Transcribed Image Text:Marsden Company has three departments occupying the following amount of floor space:
20,000 square feet
10,500 square feet
30,000 square feet
Department 1
Department 2
Department 3
How much store rent should be allocated to Department 3 if total rent is equal to $94,000?
Note: Do not round Intermediate calculations.
Multiple Choice
$30,000
$46.612
$16,314
None of the answers are correct.
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