In a profit center, the department manager has responsibility for and the authority to make decisions that affect a. the assets invested in the center, but not costs and revenues b. not only costs and revenues, but also assets invested in the center c. both costs and revenues for the department or division d. costs and assets invested in the center, but not revenues Operating expenses directly traceable to or incurred for the sole benefit of a specific department and usually subject to the control of the department manager are a. indirect expenses b. miscellaneous administrative expenses c. fixed expenses d. direct operating expenses Division A reported income from operations of $975,000 and total service department charges of $675,000. As a result, a. the gross profit margin was $300,000 b. consolidated net income was $300,000 c. income from operations before service department charges was $1,650,000 d. net income was $300,000 Use this information for Train Corporation to answer the question that follow. The following financial information was summarized from the accounting records of Train Corporation for the current year ended December 31: The income from operations for the Rails Division is a. $45,500 b. $64,900 c. $91,300 d. $19,100