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Samm's Department Store Operates Three Departments (A, B and C)

question 3

Essay

Samm's Department Store operates three departments (A, B and C). If total costs of $4,500 are to be allocated on the basis of square feet of space (Dept. A = 1,500 Sq. Ft.; Dept. B = 900 Sq. Ft.; Dept. C = 600 Sq. Ft.) then Dept A's share (in percent) of the $4,500 cost would be __________%; Dept. B would be ________%, and Dept C would be ____________%. The amount of cost allocated to Dept. C would be $__________.


Definitions:

Organizational Budget

A detailed financial plan that outlines an organization's expected revenues and expenditures over a specific period of time.

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