Direct fixed cost contro the period just ended: Contribution margin Period expenses: Manager's salary Depreciation expense Allocated administrative costs25.000 Profit center #1 income Of the foregoing, in all likelihood, Mr. Iglesias controls P350.000 P100,000 40,000 165.000 P185.000 C. P100,000 D. P350,000 A. P165.000 В. P185.000 20. The following is a summarized income statement of CoolKid Co.'s profit cent No. 44 for March: Contribution margin Period expenses: P70,000 Manager's salary Facility depreciation Corporate expense allocation Profit center income P20,000 8.000 (33,000) P37.000 5,000 hich of the following amounts is most likely subject to the control of the çenter's manager? P70.000 P50,000 A. С. Р37,000 D. P33,000 В.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Direct fixed cost controllable by of
the period just ended:
Contribution margin
Period expenses:
Manager's salary
Depreciation expense
Allocated administrative costs25.000
Profit center #1 income
Of the foregoing, in all likelihood, Mr. Iglesias controls
P350.000
P100,000
40,000
165,000
P185.000
C. P100,000
A.
P165.000
В.
P185.000
D. P350,000
20. The following is a summarized income statement of CoolKid Co.'s profit cente
No. 44 for March:
Contribution margin
P70,000
Period expenses:
Manager's salary
Facility depreciation
Corporate expense allocation
Profit center income
P20.000
8.000
5,000
(33,000)
P37.000
Which of the following amounts is most likely subject to the control of the p
center's manager?
А.
P70.000
C. P37,000
D. P33,000
В.
P50,000
Transcribed Image Text:Direct fixed cost controllable by of the period just ended: Contribution margin Period expenses: Manager's salary Depreciation expense Allocated administrative costs25.000 Profit center #1 income Of the foregoing, in all likelihood, Mr. Iglesias controls P350.000 P100,000 40,000 165,000 P185.000 C. P100,000 A. P165.000 В. P185.000 D. P350,000 20. The following is a summarized income statement of CoolKid Co.'s profit cente No. 44 for March: Contribution margin P70,000 Period expenses: Manager's salary Facility depreciation Corporate expense allocation Profit center income P20.000 8.000 5,000 (33,000) P37.000 Which of the following amounts is most likely subject to the control of the p center's manager? А. P70.000 C. P37,000 D. P33,000 В. P50,000
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