Marlin has three divisions,commercial,retail and consumer,that share the common costs of the company's computer server network.The annual common costs are $2,400,000.You have been provided with the following information for the upcoming year:
Required (use three decimal places in your calculations):
a.The cost accountant determined $1,800,000 of the server network's costs were fixed and should be allocated based on the number of connections.The remaining costs should be allocated based on the time on the network.What is the total server network costs allocated to each division?
Definitions:
Undervalued
A situation where a securities price is considered to be below its intrinsic value, making it an appealing investment opportunity.
Net Income
The amount of money a company earns after subtracting all expenses, taxes, and losses, indicating the company's profitability over a time period.
Net Capital
The amount of capital that a company has after subtracting its liabilities from its assets, often used in financial analysis to assess a company's financial health.
Revised Model Business Corporation Act
A model law proposed to standardize and regulate corporate business activities in the United States.
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