Business, 24.12.2021 02:20 pepehammu

Selected data for Miller Company, which operates three departments, follow: Department A Department B Department C
Inventory $64,000 $230,400 $89,600
Equipment (average cost) $576,000 $345,600 $230,400
Payroll $810,000 $720,000 $270,000
Square feet of floor space 18,000 9,000 3,000

During the year, the company's fixed expenses included the following:

Depreciation on equipment $64,000
Real estate taxes 19,200
Personal property taxes (on inventory and equipment) 30,720
Personnel department expenses 40,000

Assume that the property tax rate is the same for both inventory and equipment. Using the most causally related bases, prepare a schedule assigning the fixed expenses to the three departments.

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Selected data for Miller Company, which operates three departments, follow: Department A Departmen...

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