Hi there!I want to check if the way Im trying to work the question out is correct. Please let me know if its right. Thanks!Please see the 2 attached images. KH ConnectQ2, 2017Q1, 2018Employee costsQ3, 20172,200105Q2, 20182,1002,200Q4, 20172,1001002,100IT105110115Legal costs245250250235260Product & Marketing525525550575580Property & Equipment260265275280285WebLinkQ1, 2017Q2, 20172,555Employee costsITQ3, 20172,550175Q2, 20182,5252,550170Q4, 20172,535185Q1, 20182,530200160225Legal costs300295295300295320Product & Marketing600630635660680700Property & Equipment300315320330335345If employee costs were distributed equally for both WebLink and KH Connect, for which company, and for which year, was the highest employeecost per city?If employee cost were distributed equally for both Weblink & KH Connect, for which company and for which year, was the highest employee cost per city?20172018Will the answer be Weblink 2017?KH Connect (2250+2200+2200+2100)/4=2187.5Weblink (2555+2550+2550+2535)/4=2547.5(2100+2100)/2=2100(2530+2525)/2=2527.5Q1, 20172,250100250500250 KH ConnectQ1, 2017Q2, 2017Q1, 20182,100Employee costsQ3, 20172,200105Q2, 20182,1002,250Q4, 20172,1001002,200105IT100110115Legal costs250245250250235260Product & Marketing500525525550575580Property & Equipment250260265275280285WebLinkQ1, 2017Q2, 2017Employee costs2,5552,550170Q3, 20172,550175Q4, 20172,535185Q1, 20182,530200295Q2, 20182,525225IT160Legal costs300295295300320Product & Marketing600630635660680700Property & Equipment300315320330335345Which of the following was the highest cost incurred by KH Connect in Q2 2018 as a percentage of those incurred by WebLink?Which of the following was the highest cost incurred by KH Connect in Q2 2018 as a percentage of those inccured by Weblink?Q2 2018Will the answer be employee cost or IT?EmployeeIT2100/2525=0.83115/225=0.0512525/2100=1.2225/115-1.96Legal260/320=0.81320/260=1.23Product580/700=0.83700/58=1.21Property 285/345-0.82345/285=1.214

Given, KH Connect and Weblink are two companies. Costs are distributed between different…

KH Connect Q1, 2017 Q2, 2017 Employee costs 2,250 Q3, 2017 2,200 105 Q2, 2018 2,100 2,200 Q4, 2017 2,100 100 Q1, 2018 2,100 110 IT 100 105 115 Legal costs 250 245 250 250 235 260 580 500 525 525 550 575 Product & Marketing Property & Equipment 250 260 265 275 280 285 WebLink Q1, 2017 Q2, 2017 Q3, 2017 Q4, 2017 Q1, 2018 02, 2018 2,555 2,550 2,550 2,535 2,530 2,525 Employee costs IT 160 170 175 185 200 225 Legal costs 300 295 295 300 295 320 Product & Marketing 600 630 635 660 680 700 Property & Equipment 300 315 320 330 335 345 Which of the following was the highest cost incurred by KH Connect in Q2 2018 as a percentage of those incurred by WebLink? | Which of the following was the highest cost incurred by KH Connect in Q2 2018 as a percentage of those inccured by Weblink? Q2 2018 Will the answer be employee cost or IT? Employee IT Legal 2100/2525=0.83 115/225=0.051 2525/2100-1.2 225/115-1.96 260/320-0.81 320/260-1.23 Product 580/700=0.83 700/58-1.21 Property 285/345-0.82 345/285-1.21

KH Connect Q1, 2017 Q2, 2017 Employee costs 2,250 Q3, 2017 2,200 105 Q2, 2018 2,100 2,200 Q4, 2017 2,100 100 Q1, 2018 2,100 110 IT 100 105 115 Legal costs 250 245 250 250 235 260 580 500 525 525 550 575 Product & Marketing Property & Equipment 250 260 265 275 280 285 WebLink Q1, 2017 Q2, 2017 Q3, 2017 Q4, 2017 Q1, 2018 02, 2018 2,555 2,550 2,550 2,535 2,530 2,525 Employee costs IT 160 170 175 185 200 225 Legal costs 300 295 295 300 295 320 Product & Marketing 600 630 635 660 680 700 Property & Equipment 300 315 320 330 335 345 Which of the following was the highest cost incurred by KH Connect in Q2 2018 as a percentage of those incurred by WebLink? | Which of the following was the highest cost incurred by KH Connect in Q2 2018 as a percentage of those inccured by Weblink? Q2 2018 Will the answer be employee cost or IT? Employee IT Legal 2100/2525=0.83 115/225=0.051 2525/2100-1.2 225/115-1.96 260/320-0.81 320/260-1.23 Product 580/700=0.83 700/58-1.21 Property 285/345-0.82 345/285-1.21

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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