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Fulton Company
Fulton Company Is Placing an Ad in the Local

question 56

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Fulton Company
Fulton Company is placing an ad in the local paper to advertise its products.The ad will run for one week at a total cost of $5,500.Fulton Company has four categories of products as follows:
                                % of floor space  Expected sales
                                      occupied. \text {\underline{ occupied.} }      value \text {\underline{ value} }
 Harchware 20%$35,000 Hand Tools 1515,000 Lawn Fumiture 4564,500 Light Fixtures 2025,500\begin{array}{lcl}\text { Harchware } & 20 \% & \$ 35,000 \\\text { Hand Tools } & 15 & 15,000 \\\text { Lawn Fumiture } & 45 & 64,500 \\\text { Light Fixtures } & 20 & 25,500\end{array}





Refer to Fulton Company.Assume that Fulton decides to allocate based on expected sales value.What amount of advertising cost should be allocated to light fixtures (round to the nearest dollar) ?


Definitions:

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