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(LO 9) Marion Corporation has two separate divisions that operate as profit centers. The following information is available for the most recent year: 30 Sales

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(LO 9) Marion Corporation has two separate divisions that operate as profit centers. The following information is available for the most recent year: 30 Sales (net) Salary expense Cost of goods sold Black Division $600,000 37,000 190,000 Navy Division $490,000 57,000 168,000 The Black Division occuples 29,000 square feet in the plant. The Navy Division occuples 39,000 square feet Rent is an indirect expense and is allocate based on square footage. Rent expense for the year was $59,000. Compute gross profit for the Black and Navy Divisions, respectively Multiple Choice 0 $153.000 $226,000 0 5563.000, 5433.000 o $410,000 $322.000

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