20. The following is a summarized income statement of CoolKid Co.'s profit center No. 44 for March: Contribution margin Period expenses: Manager's salary Facility depreciation Corporate expense allocation Profit center income Which of the following amounts is most likely subject to the control of the profit center's manager? P70,000 P20,000 8,000 (33,000) P37.000 5,000 A. P70,000 P50,000 C. P37,000 D. P33,000 В. B.

20. The following is a summarized income statement of CoolKid Co.'s profit center No. 44 for March: Contribution margin Period expenses: Manager's salary Facility depreciation Corporate expense allocation Profit center income Which of the following amounts is most likely subject to the control of the profit center's manager? P70,000 P20,000 8,000 (33,000) P37.000 5,000 A. P70,000 P50,000 C. P37,000 D. P33,000 В. B.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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