Hello, could you please guide me on how to find the answers in the fill-in-blanks. Thank you. Max's Cafes operates 3 locations. Overhead is split between the 3 three stores based on squarefootage: A has 12,000 sq ft, B has 8,000 sq ft, and C has 10,000 sq ft. Overhead is composed ofrent and insurance: $330,000; advertising: $200,000; corporate accounting and services:$220,000.What would the using square footage? $per square foot and A would becharged $B would be charged $and C would becharged $for a total of $750,000.Analysis showed that the overhead costs had different drivers. The chart below shows thisinformation:costdriverBookstore ABookstore BBookstore C12,000$900,00020rent & insurance12,000$450,0001514,000$650,00015square footageadvertisingcorp accountingrevenues# of employeesUsing this information, the rate to spread the rent and insurance cost is $per sq foot; for advertising it is $per dollar of revenue and $per employee for corp accounting.

Overhead Rate = Total OverheadsCost Driver

Max's Cafes operates 3 locations. Overhead is split between the 3 three stores based on square footage: A has 12,000 sq ft, B has 8,000 sq ft, and C has 10,000 sq ft. Overhead is composed of rent and insurance: $330,000; advertising: $200,000; corporate accounting and services: $220,000. What would the using square footage? $ per square foot and A would be B would be charged $ charged $ charged $ and C would be for a total of $750,000. Analysis showed that the overhead costs had different drivers. The chart below shows this information: driver Bookstore C Bookstore A 12,000 $900,000 20 cost Bookstore B 12,000 $450,000 15 14,000 $650,000 15 rent & insurance square footage advertising corp accounting revenues # of employees Using this information, the rate to spread the rent and insurance cost is $ per sq foot; for advertising it is $ per dollar of revenue and $ per employee for corp accounting.

Max's Cafes operates 3 locations. Overhead is split between the 3 three stores based on square footage: A has 12,000 sq ft, B has 8,000 sq ft, and C has 10,000 sq ft. Overhead is composed of rent and insurance: $330,000; advertising: $200,000; corporate accounting and services: $220,000. What would the using square footage? $ per square foot and A would be B would be charged $ charged $ charged $ and C would be for a total of $750,000. Analysis showed that the overhead costs had different drivers. The chart below shows this information: driver Bookstore C Bookstore A 12,000 $900,000 20 cost Bookstore B 12,000 $450,000 15 14,000 $650,000 15 rent & insurance square footage advertising corp accounting revenues # of employees Using this information, the rate to spread the rent and insurance cost is $ per sq foot; for advertising it is $ per dollar of revenue and $ per employee for corp 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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