The company currently relies on a third-party carrier to deliver its frozen lobster rolls to different parts of thecountry. In order to streamline the storing and delivery of frozen lobster rolls that are ready to be shipped tocustomers, senior management plans to invest $3,000,000.00 to build a distribution center next year in thePortland suburbs. The book value of the distribution center will be depreciated over thirty (30) years.Assuming sales revenue and other costs remain the same next year, help Olivia and her supervisor determineA. How the distribution center's depreciation expense will affect the gross margin of both products if thecompany continues to use the traditional costing system.B. How the distribution center's depreciation expense will affect the product margin of both products if thecompany decides to use the activity-based costing system instead of the traditional costing system. Mainely LobsterIncome StatementYear Ended December 31, 2021Sales$2,160,000Cost of Goods Sold$640,000$192,000$320,000Direct MaterialsDirect LaborManufacturing OverheadTotal Cost of Goods Sold1,152.000Gross Margin1,008,000Selling and Administrative ExpensesVariable Selling expensesFixed Selling expensesTotal administrative expensesTotal Selling and Administrative Expenses224,000250,000160.000634,000Net Operating Income$ 374,000

Marginal Costing is a traditional costing system. It focuses…

Answered: currently relie s on a thırd-party…

Business

Accounting

currently relie s on a thırd-party carrier to deliver its frozen lobster o different narts of the

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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