Selfie Corporation began operations on January 1, 2030, with all of its activities conducted from a single facility. The companys accountant concluded that the years building depreciation should be allocated as follows:selling activities 30%; administrative activities 25%; and manufacturing activites 45%. If Selfie sold 70% of 2030 production during that year, what percentage of depreciation would appear (either directly or indirectly) on the 2030 income statement?

INTRODUCTION TO COST ACCOUNTING

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Selfie Corporation began operations on January 1, 2030, with all of its activities conducted from a single facility. The company’s accountant concluded that the year’s building depreciation should be allocated as follows:selling activities 30%; administrative activities 25%; and manufacturing activites 45%. If Selfie sold 70% of 2030 production during that year, what percentage of depreciation would appear (either directly or indirectly) on the 2030 income statement?

A	100%
B	55%
C	45%
D	86.5%

Explanation:

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