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.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
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.
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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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