If gross sales for the tools department are $500,000 and gross sales for the appliances department are $300,000,what is the fraction used to apportion the indirect advertising for the appliances department if it is based on gross sales?

Question

Quizplus · Accepted Answer

To find the fraction used to apportion the indirect advertising, we need to find the total gross sales for both departments. Total gross sales = $500,000 + $300,000 = $800,000. 
Now, we can find the fraction for the appliances department by dividing the gross sales of appliances by the total gross sales. 
Fraction for appliances department = Gross sales for appliances department/Total gross sales 
= $300,000/$800,000 
= 3/8 
Therefore, the fraction used to apportion the indirect advertising for the appliances department is 3/8.

If Gross Sales for the Tools Department Are $500,000 and Gross