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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ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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What managerial role does I. Kurien assume in his approach to aftaining his division's goal of improved customer service?
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Which of the following statements is true? I. A packaging department is most likely a cost center. II. In a profit center, the manager is most likely in-charge of investments, revenues and costs. III. The cafeteria in the college is most likely a profit center. IV. A business unit within a business is an example of a revenue center a. All but II b. I only c. All statements are true d. All but II and III e. I and II only Clear my choice
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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?