The Following Information Is Available for Charter Company Complete the Following Chart to Determine the Total Cost for |

question 54

Essay

The following information is available for Charter Company:
$$\begin{array} { | c | r | r | r | } \hline { \text { Item } } & \text { Department1 } & \text { Department 2 } & { \text { Total } } \\\hline \text { Equipment value } & \$ 500,000 & \$ 250,000 & \$ 750,000 \\\hline \text { Square footage } & 25,000 \text { sq.ft. } & 35,000 \text { sq.ft. } & 60,000 \text { sq.ft } \\\hline \text { Sales } & \$ 1,250,000 & \$ 725,000 & \$ 1,975,000 \\\hline\end{array}$$ Complete the following chart to determine the total cost for each department,using the most appropriate method to apportion the indirect costs.
$$\begin{array} { | l | r | r | r | } \hline { \text { Cost } } & \text { Department 1 } & \text { Department 2 } & { \text { Total } } \\\hline \text { Depreciation } & & & \$ 120,000 \\\hline \text { Utilities } & & & \$ 45,000 \\\hline \text { Sales Commissions } & & & \$ 59,250 \\\hline \text { Rent } & & & \$ 150,000 \\\hline \text { TOTALS } & & & \$ 374,250 \\\hline\end{array}$$

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Definitions:

Data

Information that has been translated into a form that is efficient for movement or processing, integral to computer operations and analysis.

LES Instruction

A programming instruction used to compare if one value is less than another, often used in control and logic applications.

Register

A small, high-speed storage location within a computer or other digital processor used to hold temporary data or instructions.

Output

the result or product of a process, system, or activity, such as data from a computer program or electricity from a generator.