The following cost data pertain to the operations of Montgomery Department Stores, Ic., for the month of July.Corporate legal office salariesApparel Department cost of sales-Evendale storeCorporate headquarters building leaseStore manager's salary-Evendale StoreApparel Department sales commission-Evendale Storestore utilities-Evendale StoreApparel Department manager's salary-Evendale storeCentral warehouse lease cost2$62,6002$98,70067,800$18,1002$9,0002$12,5009,700$17,2002$Janitorial costs-Evendale Store12,000The Evendale Store is just one of many stores owned and operated by the company. The Apparel Department is one of manydepartments at the Evendale Store. The central warehouse serves all of the company's stores.Required:1. What is the total amount of the costs listed above that are direct costs of the Apparel Department?2. What is the total amount of the costs listed above that are direct costs of the Evendale Store?3. What is the total amount of the Apparel Department's direct costs that are also variable costs with respect to total departmentalsales?1. Total direct costs for the Apparel Department2. Total direct costs for the Evendale Store3.Total direct costs for the Apparel Department that are also variable costs

1.Total direct costs for the Apparel Department = $117,400.00 2.Total direct costs for the Evendale…

Required: 1. What is the total amount of the costs listed above that are direct costs of the Apparel Department? 2. What is the total amount of the costs listed above that are direct costs of the Evendale Store? 3. What is the total amount of the Apparel Department's direct costs that are also variable costs with respect to total departmental sales?

Required: 1. What is the total amount of the costs listed above that are direct costs of the Apparel Department? 2. What is the total amount of the costs listed above that are direct costs of the Evendale Store? 3. What is the total amount of the Apparel Department's direct costs that are also variable costs with respect to total departmental sales?

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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