Marian Corporation Has Two Separate Divisions That Operate as Profit

question 182

Multiple Choice

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.

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Definitions:

Customer Benefit Plan

A strategy or program developed by businesses to offer added value or benefits to customers, aiming to increase customer satisfaction and loyalty.

Creating Steps

Developing phases or actions in a plan or process to achieve a specific goal.

SMART

An acronym standing for Specific, Measurable, Achievable, Relevant, and Time-bound, commonly used to guide goal setting.

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A cognitive phase in problem-solving where an individual contemplates various solutions or decisions.