expand icon
book Cornerstones of Managerial Accounting 4th Edition by Maryanne Mowen, Don Hansen, Dan Heitger cover

Cornerstones of Managerial Accounting 4th Edition by Maryanne Mowen, Don Hansen, Dan Heitger

النسخة 4الرقم المعياري الدولي: 978-0324380767
book Cornerstones of Managerial Accounting 4th Edition by Maryanne Mowen, Don Hansen, Dan Heitger cover

Cornerstones of Managerial Accounting 4th Edition by Maryanne Mowen, Don Hansen, Dan Heitger

النسخة 4الرقم المعياري الدولي: 978-0324380767
تمرين 65
Cost Assignment
The sales staff of Central Media (a locally owned radio and cable television station) consists of two salespeople, Derek and Lawanna. During March, the following salaries and commissions were paid: Cost Assignment  The sales staff of Central Media (a locally owned radio and cable television station) consists of two salespeople, Derek and Lawanna. During March, the following salaries and commissions were paid:    Derek spends 100% of his time selling advertising. Lawanna spends two-thirds of her time selling advertising and the remaining one-third on administrative work. Commissions are paid only on sales. Required:  1. Accumulate these costs by account by filling in the following table:    2. Assign the costs of salaries and commissions to selling expense and administrative expense by filling in the following table:
Derek spends 100% of his time selling advertising. Lawanna spends two-thirds of her time selling advertising and the remaining one-third on administrative work. Commissions are paid only on sales.
Required:
1. Accumulate these costs by account by filling in the following table: Cost Assignment  The sales staff of Central Media (a locally owned radio and cable television station) consists of two salespeople, Derek and Lawanna. During March, the following salaries and commissions were paid:    Derek spends 100% of his time selling advertising. Lawanna spends two-thirds of her time selling advertising and the remaining one-third on administrative work. Commissions are paid only on sales. Required:  1. Accumulate these costs by account by filling in the following table:    2. Assign the costs of salaries and commissions to selling expense and administrative expense by filling in the following table:
2. Assign the costs of salaries and commissions to selling expense and administrative expense by filling in the following table: Cost Assignment  The sales staff of Central Media (a locally owned radio and cable television station) consists of two salespeople, Derek and Lawanna. During March, the following salaries and commissions were paid:    Derek spends 100% of his time selling advertising. Lawanna spends two-thirds of her time selling advertising and the remaining one-third on administrative work. Commissions are paid only on sales. Required:  1. Accumulate these costs by account by filling in the following table:    2. Assign the costs of salaries and commissions to selling expense and administrative expense by filling in the following table:
التوضيح
موثّق
like image
like image

Accumulating cost is the way the costs a...

close menu
Cornerstones of Managerial Accounting 4th Edition by Maryanne Mowen, Don Hansen, Dan Heitger
cross icon