Examlex

Solved

Marian Corporation Has Two Separate Divisions That Operate as Profit

question 208

Multiple Choice

Marian Corporation has two separate divisions that operate as profit centers. The following information is available for the most recent year: Marian Corporation has two separate divisions that operate as profit centers. The following information is available for the most recent year:   The Black Division occupies 20,000 square feet in the plant. The Navy Division occupies 30,000 square feet. Rent is an indirect expense and is allocated based on square footage. Rent expense for the year was $50,000. Compute gross profit for the Black and Navy Divisions, respectively. A)  $72,000; $193,000. B)  $172,000; $352,000. C)  $100,000; $241,000. D)  $52,000; $163,000. E)  $72,000; $163,000. The Black Division occupies 20,000 square feet in the plant. The Navy Division occupies 30,000 square feet. Rent is an indirect expense and is allocated based on square footage. Rent expense for the year was $50,000. Compute gross profit for the Black and Navy Divisions, respectively.


Definitions:

Malicious Use

The intentional misuse of something, typically technology or information, with the intent to cause harm.

Sexual Photos

Images that depict sexual acts, nudity, or erotic subject matter, often used in the context of adult entertainment or personal exchanges.

Teenage Mothers

Young women who become mothers during their teenage years, facing unique social, economic, and health challenges.

Hypothetical Thought

Reasoning that includes propositions and possibilities that may not reflect reality.

Related Questions