Explanation Given information: The Randolph Company spent $ 350,000 for advertising last year. Department A and Department B share the cost of advertising in the ratio 3: 7. Calculation: Total budget spent = $ 350,000 Let x be budget spent by Department A and y be budget spent by Department B. Then by the given information, we get x + y = 350000 ⇒ y = 350000 − x (1) x y = 3 7 (2) Using equation (1) in (2), we get x 350000 − x = 3 7

Mathematical Excursions (MindTap Course List)

4th Edition

ISBN: 9781305965584

Author: Richard N. Aufmann, Joanne Lockwood, Richard D. Nation, Daniel K. Clegg

Publisher: Cengage Learning

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Chapter 9, Problem 20RE

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The amount allocated to each department.

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Chapter 9, Problem 19RE

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Mathematical Excursions (MindTap Course List)

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The amount allocated to each department.

Solution Summary: The author explains how the Randolph Company spent 350,000 for advertising last year. Department A and Department B share the cost of advertising in the ratio 3: 7.

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