Mercado Lopez owns a furniture store that offers free delivery of merchandise delivered within the...
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Accounting
Mercado Lopez owns a furniture store that offers free delivery of merchandise delivered within the local area. Mileage records for the three sales departments are as follows:
Department 1:
36,000 miles
Department 2:
48,000 miles
Department 3:
16,000 miles
The cost of using the truck for the last year, including depreciation, was $16,000.
Allocate the cost of the truck among the three departments on the basis of miles driven.
Truck Expense
Department 1
$fill in the blank 1
Department 2
fill in the blank 2
Department 3
fill in the blank 3
Total
$fill in the blank 4
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