Mr. Bulls is the manager of triangle offense, a profit center of the windy city corporation. His unit reported the following for the period just ended: Contribution Margin P5,000,000 Period Expenses Managers salary 1,000,000 Depreciation Expense 1,600,000 Allocated administrative costs 755,000 3,355,000 Profit center income 1,645,000 Mr. Bulls would most likely control what amount?
Mr. Bulls is the manager of triangle offense, a profit center of the windy city corporation. His unit reported the following for the period just ended: Contribution Margin P5,000,000 Period Expenses Managers salary 1,000,000 Depreciation Expense 1,600,000 Allocated administrative costs 755,000 3,355,000 Profit center income 1,645,000 Mr. Bulls would most likely control what amount?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Mr. Bulls is the manager of triangle offense, a profit center of the windy city corporation. His unit reported the following for the period just ended:
| Contribution Margin | P5,000,000 | ||
| Period Expenses | |||
| Managers salary | 1,000,000 | ||
| 1,600,000 | |||
| Allocated administrative costs | 755,000 | 3,355,000 | |
| Profit center income | 1,645,000 |
Mr. Bulls would most likely control what amount?
A. 5,000,000
B. 1,000,000
C. 1,355,000
d. 1,645,000
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