Overhead for one month at the Allimore Department store totaled $6000. Find the overhead for each of the departments, based on sales, if thestore had the following monthly sales by department: toys, $4000; appliances, $6000; children's clothing, $6900; books, $4800; and furniture,$8000.Enter the overhead values for each department.Department OverheadToysAppliances $Children's$ClothingBooks$Furniture(Do not round until the final answer. Then round to the nearest cent as needed.)

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Answered: Overhead for one month at the Allimore…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Joe quits his computer programming job, where he was earning a salary of $70,000 per year, to start his own computer software business in a building that he owns and was previously renting out for $20,000 per year. In his first year of business he has the following expenses: salary paid to himself, $45,000; rent, $0; and other expenses, $40,000. Find the accounting cost and the economic cost associated with Joe's computer software business. (Enter numeric responses using an integer.) The accounting cost of Joe's business is $ (Enter your response as an integer.) es Get more help Clear all Check answer
Total Fixed Cost (TFC), Total Variable Cost (TVC), Total Cost (TC), and the Average Total Cost (ATC) per unit. A company produces 100 bicycles per month. The company pay 3,000 per rent, 2,000 per insurance, 1,000 per loan, including interests, 3,000 per labor, and 11,000 per raw materials. Calculate the Total Fixed Cost (TFC), the Total Variable Cost (TVC) the Total Cost (TC) of producing the 100 bicycles and the Average Total Cost (ATC) per bicycle.
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Calculate average fixed cost if total fixed cost is $700 and output is 15 units
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