A retail store has 10,000 square feet of space and incurs rent costs of $5,000 per month. If Department A uses 2,000 square feet of space, the amount of rent allocated to the department will be $:____a. $1000b. $1500c. $2000d. $2500

Respuesta :

Answer:

For 2000 square feet rent will be $1000

So option (A) will be correct answer

Explanation:

We have given a retail store has 10000 square feet of space incurs rent cost of $5000

So for 1 square feet amount of rent will be [tex]=\frac{5000}{10000}=$0.5[/tex]

We have to find the amount of rent for 2000 square feet space

As for 1 square rent cost is $0.5

So for 2000 square feet rent cost will be equal to $0.5×2000 = $1000

So option (a) will be correct answer

Answer:

A retail store is a place  where the business is operated and managed by the  retailer . The retail store may be of many sizes depending on the type of business they carry .

If the department uses 2000 sq.ft space the rent allocated to the department will be Option a . $1000

Explanation:

Given ,

Retail store : 10,000 sq.ft

Rental cost : $5000

Department uses 2000 sq.ft space

Rental cost = ?

So , for 1 sq.ft the rental cost will be  :

[tex]\begin{aligned}\text{Amount of 1 sq.ft.}&=\frac{\text{Rental Cost}}{\text{Store in sq. ft}}\\&=\frac{\$5,000}{10,000 \;\text{square feet}}\\&=\$0.5\;\text{per sq.ft.} \end{aligned}\beta[/tex]

Now ,

Rental cost for 2000 sq.ft  will be :

[tex]\begin{aligned}\text{Rental Cost of 2,000 sq.ft}&=\text{Cost of per sq.ft}\times\text{Rental Cost of 2,000 sq.ft}\\&=\$0.5\;\text{per sq.ft}\times\$2,000\\&=\$1,000 \end{aligned}[/tex]

So , Option a . is the correct answer .

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