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- Download: http://solutionzip.com/downloads/booth-financial-services-llc-solution/
- (TCO 6) Booth Financial Services, LLC has two revenue producing departments, Financial Planning and Business Consulting. The accounting department is trying to determine the best method to allocate $1,000,000 of common costs (secretarial staff, reception personnel, etc), either by salary or number of employees. Information on the revenue departments are as follows:
- Department Employees Salaries
- Financial Planning 150 employees $10,000,000
- Business Consulting 50 employees $5,000,000
- Download: http://solutionzip.com/downloads/booth-financial-services-llc-solution/
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