o6 6 Help Save & Chico Company paid $610,000 for a basket purchase that included office...

Question

Question

business accounting

Answer 1

Answer #1

Answer: $124,257

Explanation

Percentage of cost that would be allocated to the office furniture = $165,000 / ($165,000 + $510,000 + $135,000)

= $165,000 / 810,000

= 20.37%

Amount of cost that would be allocated to the office furniture = Purchase price x 20%

= $ 610,000 x 20.37%

= $124,257

Answer 2

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