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Jamesway Corporation has two separate divisions that operate as profit centers. The following information is available for the most recent year: White Grey division division

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Jamesway Corporation has two separate divisions that operate as profit centers. The following information is available for the most recent year: White Grey division division $120,000 $240,000 Sales (net) Salary expense Cost of goods sold 16,800 28,800 60,000 90,000 The White Division occupies 25,000 square feet in the plant. The Grey Division occupies 25,000 square feet. Rent is an indirect expense and is allocated based on square footage. Rent expense for the year was $50,000. Gross profit for the White and Grey Divisions is: Gross profit for the White and Grey Divisions is: White Grey $121,200 A $43,200 $103.200 $211,200 B. $150,000 C. $60,000 D. $18,200 $96,200 $43,200 $96,200 E. O Option A O Option B Option Option D Option E

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