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assume that the property tax rate is the same for both inventory and equiptment. using...

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Accounting

assume that the property tax rate is the same for both inventory and equiptment. using the most causally related bases, prepare a schedule assigning the fixed expenses to the three departments. Hint: not all fixed expenses are traceable to the three departments. one of these fixed costs should be considered a common cost and not traceable to the departments
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Assigning Traceable Fixed Expenses Selected data for Colony Company, which operates three departments, follow: Department A Department B Department C Inventory $64,000 $230,400 $89,600 Equipment (average cost) $576,000 $345,600 $230,400 Payroll $607,500 $540,000 $202,500 Square feet of floor space 27,000 13,500 4,500 During the year, the company's fixed expenses included the following: Depreciation on equipment $96,000 Real estate taxes 28,800 Personal property taxes (on inventory and equipment) 46,080 Personnel department expenses 48,000 Do not round until your final answer. Round final answer to the nearest whole number. Department A Department B Department C Depreciation $ 0 $ 0 $ 0 Real estate taxes 0 Personal property taxes 0 Personnel dept. expenses 0 0 0 0 0 0 0

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