Determine the amount of payroll cost


A department store apportions payroll costs on the basis of the number of payroll checks issued. Accounting costs are apportioned on the basis of the number of reports. The payroll costs for the year were $231,000 and the accounting costs for the year totaled $75,500. The departments and the average cost of store equipment and average cost of inventory for each are as follows:

................Number of............. Number of
................Payroll Checks........... Reports

Dept R......... 483...................... 70
Dept S ........1,470.................... 85
Dept T......... 147..................... 345

Determine the amount of (a) payroll cost and (b) accounting cost to be apportioned to each department.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Determine the amount of payroll cost
Reference No:- TGS0716955

Expected delivery within 24 Hours