Ultimo Company operates three production departments as profit centers. The following Information is avalable for its most recent year Depntment 2 dollars is: Department 2 $ 1,400,000 Department 1 Department 3 Sales $ 3,500,000 $ 2,450,000 2,450,000 525,000 1,050,000 Cost of goods sold 140,000 350,000 525,000 350,000 Direct expenses 70,000 280,000 Indirect expenses Multiple Choice $735,000.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Multiple Cholce
$735,000.
$525,000.
$35,000.
$910,000.
$1,225,000.
Transcribed Image Text:Multiple Cholce $735,000. $525,000. $35,000. $910,000. $1,225,000.
Ultimo Company operates three production departments as profit centers. The following Information is avallable tor its most recent year Depntment 2s comciodn to o n
dollars is:
Sales
Department 1
$ 3,500,000
Department 2
$ 1,400,000
Cost of
Department 3
goods sold
2,450,000
$ 2,450,0o0
Direct expenses
525,000
1,050,000
Indirect expenses
350,000
140,000
525,000
280,000
350,000
70,000
Multiple Choice
$735,000.
$525,000.
$35,000.
$910,000.
10 of 25
no.
( Prev
Transcribed Image Text:Ultimo Company operates three production departments as profit centers. The following Information is avallable tor its most recent year Depntment 2s comciodn to o n dollars is: Sales Department 1 $ 3,500,000 Department 2 $ 1,400,000 Cost of Department 3 goods sold 2,450,000 $ 2,450,0o0 Direct expenses 525,000 1,050,000 Indirect expenses 350,000 140,000 525,000 280,000 350,000 70,000 Multiple Choice $735,000. $525,000. $35,000. $910,000. 10 of 25 no. ( Prev
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