City Shoe's loss from uncollectible accounts is estimated to be one-half of 1 percent of net credit sales. Using the financial data given below, compute the amount allocated to each department. Credit sales:
(1.)Women's Shoes, $278,200
(2.)Men's Shoes, $185,800
(3.)Children's Shoes, $116,000
Sales returns and allowances (credit sales):
(1.)Women's Shoes, $2,200
(2.)Men's Shoes, $1,800
(3.)Children's Shoes, $1,000

Question

City Shoe's loss from uncollectible accounts is estimated to be one-half of 1 percent of net credit sales. Using the financial data given below, compute the amount allocated to each department. Credit sales:
(1.)Women's Shoes, $278,200 
(2.)Men's Shoes, $185,800
(3.)Children's Shoes, $116,000
Sales returns and allowances (credit sales):
 (1.)Women's Shoes, $2,200
(2.)Men's Shoes, $1,800
(3.)Children's Shoes, $1,000

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The Answer of City Shoe's loss from uncollectible accounts is estimated to be one-half of 1 percent of net credit sales. Using the financial data given below, compute the amount allocated to each department. Credit sales:
(1.)Women's Shoes, $278,200 
(2.)Men's Shoes, $185,800
(3.)Children's Shoes, $116,000
Sales returns and allowances (credit sales):
 (1.)Women's Shoes, $2,200
(2.)Men's Shoes, $1,800
(3.)Children's Shoes, $1,000

City Shoe's Loss from Uncollectible Accounts Is Estimated to Be