Martin's Is a Store with Three Departments,Appliances,Tools,and Home Improvements

question 62

Essay

Martin's is a store with three departments,Appliances,Tools,and Home Improvements.The company expects to incur the following indirect costs related to its operations:
Store manager's salary
Store supplies
Electric bill
Clerical staff salaries
Payroll taxes
Office supplies
Water bill
Sewer bill
Medical insurance
Vacation pay
Required:
1)Organize the indirect costs into three cost pools: Store Administration,Utilities,and Fringe Benefit Costs,assuming that each department is a cost object
2)Identify an appropriate cost driver for each cost pool.

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Definitions:

Speciation

The evolutionary process by which populations evolve to become distinct species, typically as a result of genetic isolation and environmental pressures.

Palms

A diverse family of tropical plants known for their large, compound, evergreen leaves and found in warm climates around the world.

Allopolyploidy

Refers to polyploidy (more than two paired chromosomes) resulting from interspecific hybridization. If polyploidy arises within a species, it’s called autopolyploidy.

Chromosome Number

The total number of chromosomes present in the cell nucleus of an organism, which is characteristic of each species.