The Following Information Is Available for Snoopy Inc Unallocated Costs 1,000 _____ Is the Net Income for the Divisions

question 131

Multiple Choice

The following information is available for Snoopy Inc.and its two divisions, Books and Periodicals: $\begin{array}{cccc}&\text { Company } & \text { Books } & \text { Periodicals } \\&\text { as a whole } & \text { Division } & \text { Division }\\\hline\text { Net sales } & \$ 100,000 & \$ 60,000 & \$ 40,000\\\text { Fixed costs: }\\\text { Controllable by }\\\text { division manager } & 16,500 & 12,500 & 4,000 \\\text { Controllable by others } & 8,000 & 5,000 & 3,000 \\\text { Variable costs: } & & & \\\text { Cost of merchandise sold } & 24,500 & 17,500 & 7,000 \\\text { Operating expenses } & 16,400 & 10,000 & 6,400\\\text { Unallocated costs }&1,000\end{array}$ Unallocated costs 1,000 _____ is the net income for the Snoopy Inc.

• A)$29,600
• B)$34,600
• C)$15,000
• D)$33,600

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Definitions:

DSM III

The third edition of the Diagnostic and Statistical Manual of Mental Disorders, a standardized classification of mental disorders used by mental health professionals in the U.S.

DSM II

The second edition of the Diagnostic and Statistical Manual of Mental Disorders, a publication for the classification of mental disorders.

DSM-IV-TR

The Diagnostic and Statistical Manual of Mental Disorders, Fourth Edition, Text Revision; a manual published by the American Psychiatric Association that categorizes and defines mental disorders.

DSM IV

The Diagnostic and Statistical Manual of Mental Disorders, Fourth Edition, a handbook used by healthcare professionals as a guide to diagnose mental disorders.