Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. marian corporation has two separate divisions that

Marian Corporation has two separate divisions that operate as profit centers. The following information is...

50.1K

Verified Solution

Question

Accounting

imageimage

Marian Corporation has two separate divisions that operate as profit centers. The following information is available for the most recent year: Black Division $400,000 $420,000 Navy Division Sales (net) Salary expense Cost of goods sold 120,000161,000 30,000 50,000 The Black Division occupies 18,000 square feet in the plant. The Navy Division occupies 27000 square feet. Rent is an indirect expense and is allocated based on square footage. Rent expense for the year was $45,000. Compute departmental income for the Black and Navy Divisions, respectively. (Do not round your intermediate computations) $232,000; $182,000. $370,000; $370,000. $90,000, $177,000. $90,000, $209,000. $280,000; $259,000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

Find the break even point ? Rent is $10,000. Salaries to be paid is $50,000. Misc....

Medical Sciences
1.2K views

Explain the process of pulmonary ventilation. How do normal inspiration and expiration occur? Use the term...

General Management
1.2K views

Describe some of Target Corporation's e-commerce activities as you see them Based on your research and knowledge...

Biology
1.2K views

Which of the following nutrients are we not concerned about in the elderly population Vitamin...

Biology
1.2K views

The belief that the pope is an agent of God on the Earth is known...

Physics
1.2K views

126 A proton accelerated through a potential dif ference of 100V has de Broglie wavelength...

Geometry
1.2K views

the object and the image congruent or not con Explain your answers The diagram shows...

Geometry
1.2K views

7 8 in 8 Find w and x 13 m 48 W 6 m

Basic Math
1.2K views

A water tank is in the shape of a cylinder with a height of 21...

Statistics
1.2K views

Suppose that the compression strength observations on the fourth type of box in Example 10...

Algebra
1.2K views

39 Solve the rational equation 2 64 6 30 Don t forget that the easiest...

Accounting
1.2K views

What are the expected annual savings from a lock-box system that collects 150 cheques per...