I need assistance with this general accounting question using appropriate principles. Zara Inc. has identified the following activity: TechnicalSupport, with total traceable costs of $300,000 and atotal of 6,000 support hours used across departments.Department X used 1,200 support hours, andDepartment Y used 2,400 support hours.How much of the technical support cost should beassigned to Department X?A) $150,000B) $60,000C) $100,000D) $240,000

Step 1: Definition of Cost AllocationCost Allocation is the process of identifying, aggregating, and…

Answered: Zara Inc. has identified the following…

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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