Blakefield, Inc. has grown significantly over the past decade through innovation and acquisition. Information on several of its divisionsfollows.• The OlliePods division sells children's recreational shoes. The division's president is responsible for all short-run decisions on themanufacturing and sale of the shoes.• The Polyspreen division manufactures the main ingredient for the shoes produced by Olliepods. All Polyspreen output istransferred to the OlliePods division.. All long-run strategic decisions for the Olliepods and Polyspreen divisions are made by the staff at corporate headquarters.Monk Recreation, which operates a regional chain of retail sporting goods stores, is Blakefield's newest corporate acquisition.Blakefield managers have decided to retain all Monk Recreation employees, and all decision-making responsibility related to thesporting goods stores remains with those employees.●(a) Classify each of the three divisions of Blakefield, Inc. as a cost center, a profit center, or an investment center.OlliePodsPolyspreenMonk RecreationVV(b) What type of responsibility center is the corporate headquarters group?

There are various types of centres in the company and all are required to be distributed and…

Answered: (a) Classify each of the three…

FINANCIAL ACCOUNTING

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Author:Libby

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Chapter1: Financial Statements And Business Decisions

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(a) Classify each of the three divisions of Blakefield, Inc. as a cost center, a profit center, or an investment center. OlliePods Polyspreen Monk Recreation V (b) What type of responsibility center is the corporate headquarters group?