The following is a summarized income statement for McClaron Manor Co.'s profit center 12608 for April: Contribution Margin $ 176,000 Period Expenses $ 12,000 Manager' s Salary $ 2,100 Corporate Expense Allocation $ 8,100 $ (22,200 ) Net Income $ 153,800 Which of the following amounts is most likely subject to the control of the profit center's manager? (CPA, adapted) Multiple Choice Contribution Margin of $176,000 and Period Expenses of $14,100. Contribution Margin of $176,000. Contribution Margin of $176,000 and Period Expenses of $22,200. Contribution Margin of $176,000 and Period Expenses of $12,000.
The following is a summarized income statement for McClaron Manor Co.'s profit center 12608 for April: Contribution Margin $ 176,000 Period Expenses $ 12,000 Manager' s Salary $ 2,100 Corporate Expense Allocation $ 8,100 $ (22,200 ) Net Income $ 153,800 Which of the following amounts is most likely subject to the control of the profit center's manager? (CPA, adapted) Multiple Choice Contribution Margin of $176,000 and Period Expenses of $14,100. Contribution Margin of $176,000. Contribution Margin of $176,000 and Period Expenses of $22,200. Contribution Margin of $176,000 and Period Expenses of $12,000.
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter7: Allocating Costs Of Support Departments And Joint Products
Section: Chapter Questions
Problem 30E: A company uses charging rates to allocate service department costs to the using departments. The...
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Question
The following is a summarized income statement for McClaron Manor Co.'s profit center 12608 for April:
Contribution Margin | $ | 176,000 | ||||
Period Expenses | $ | 12,000 | ||||
Manager' s Salary | $ | 2,100 | ||||
Corporate Expense Allocation | $ | 8,100 | $ | (22,200 | ) | |
Net Income | $ | 153,800 | ||||
Which of the following amounts is most likely subject to the control of the profit center's manager? (CPA, adapted)
Multiple Choice
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Contribution Margin of $176,000 and Period Expenses of $14,100.
-
Contribution Margin of $176,000.
-
Contribution Margin of $176,000 and Period Expenses of $22,200.
-
Contribution Margin of $176,000 and Period Expenses of $12,000.
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