Merton Electronics operates two retail outlets in Port Wren, one downtown and the other in...
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Merton Electronics operates two retail outlets in Port Wren, one downtown and the other in Docklands. The stores share the use of a corporate staff responsible for functions such as personnel, IT, marketing, purchasing, and so on. The cost of the corporate activities for last year was $194,400. The following are the operating results for the two stores for the year: Required: a. Allocate the cost of the corporate activities to the two stores based on: 1. Number of employees. 2. Store revenue. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Number of employees. Store revenue
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