The Following Cost Data Pertain to the Operations of Mancia

question 32

Multiple Choice

The following cost data pertain to the operations of Mancia Department Stores, Inc., for the month of February.
The Brentwood Store is just one of many stores owned and operated by the company. The Shoe Department is one of many departments at the Brentwood Store. The central warehouse serves all of the company's stores.
-What is the total amount of the costs listed above that are NOT direct costs of the Brentwood Store?

• A)$152,000
• B)$92,000
• C)$79,000
• D)$38,000

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Definitions:

Manufacturing Firm

A business that produces goods through the use of labor, machines, tools, and chemical or biological processing or formulation.

Reverse Stock Split

A corporate action in which a company reduces the number of its outstanding shares to increase the share price, without changing the company's overall market capitalization.

Share Price

The present rate at which an individual share of a corporation's stock is available for purchase or sale on the market.

Stock Listed

A company's shares that are available for trading on a public stock exchange.