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Bank's Department Store Has Three Departments: Men's, Women's and Children's

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Bank's Department Store has three departments: Men's, Women's and Children's. The store incurred $50,000 of store rental costs during the current year. The departments identified the following cost drivers:  Men’s  Women’s Children’s  Labor dollars  $ 530,000 $775,000$240,000 Number of employees 10204 Square footage 3,0008,0001,000 Number of sales transactions 300.000900.00090.000\begin{array}{lrrr}&\text { Men's }&\text { Women's}&\text { Children's }\\\text { Labor dollars } & \text { \$ 530,000 } & \$ 775,000 & \$ 240,000 \\\text { Number of employees } & 10 & 20& 4 \\\text { Square footage } & 3,000 & 8,000 & 1,000\\\text { Number of sales transactions } & 300.000 & 900.000 & 90.000\end{array} Using the most appropriate cost driver, how much rental cost should be allocated to the Women's Department? (Do not round intermediate calculations. Round final answer to the nearest dollar.)

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Definitions:

Documentation

Written or electronic records that provide evidence of activities performed, processes followed, or information obtained, often used for reference, legal compliance, or training purposes.

Legend

A key or explanatory list of symbols and abbreviations used on a map or chart, or a narrative explaining the origins of traditional stories, myths, or history.

Visual Aid

An item, such as a chart, graph, or image, used to supplement verbal information or data, enhancing understanding.

Colors

Visual properties perceived by the eyes, derived from the spectrum of light interacting with the visual system.

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