value: 3.00 points MC Qu. 100 Marian Corporation has two separate divisio... Mar

Question

value: 3.00 points MC Qu. 100 Marian Corporation has two separate divisio... Marian Corporation has two separate divisions that operate as profit centers. The following information is avallable for Black Division Navy Division ales (net) $200,000 28,000 100,000 48,000 159,000 Salary expense ost of goods sold The Black DiMsion occuples 20,000 square feet in the plant. The Navy Dision occuptes 30.000 squere feet Rent is an indirect expense and is allocated based on square footage. Rent expense for the year was $50.000. Compute gross profit for the Block and Navy Divisions, respectively O $72.000: $193.000 O $172.000 $352 000 O $100000 $241000 O $52000: $163.000 O $72,000. 5163,000

Explanation / Answer

Gross Profit = Sales-Cost of goods sold Black division 100000 =200000-100000 Navy division 241000 =400000-159000 Option 3 is correct

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