Marsden Company has three departments occupying the following amount of floor space: Department 1 16,000 square feet 10,100 square feet Department 2 Department 3 26,000 square feet How much store rent should be allocated to Department 3 if total rent is equal to $98,000? Note: Do not round Intermediate calculations. Multiple Choice $26,000 $48,906 O $18,998 None of the answers are correct.
Marsden Company has three departments occupying the following amount of floor space: Department 1 16,000 square feet 10,100 square feet Department 2 Department 3 26,000 square feet How much store rent should be allocated to Department 3 if total rent is equal to $98,000? Note: Do not round Intermediate calculations. Multiple Choice $26,000 $48,906 O $18,998 None of the answers are correct.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Marsden Company has three departments occupying the following amount of floor space:
Department 1
16,000 square feet
Department 2
10,100 square feet
Department 3
26,000 square feet
How much store rent should be allocated to Department 3 If total rent is equal to $98,000?
Note: Do not round Intermediate calculations.
Multiple Choice
$26,000
$48,906
$18,998
None of the answers are correct.
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