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MC Qu. 121 Marian Corporation has two... Marian Corporation has two separate divisions that operate as profit centers. The following information is available for
MC Qu. 121 Marian Corporation has two... Marian Corporation has two separate divisions that operate as profit centers. The following information is available for the most recent year Black Division Navy Division Sales (net) $500,000 $340,000 Salary expense Cost of goods sold 22,000 150,000 42,000 153,000 The Black Division occupies 14,000 square feet in the plant. The Navy Division occupies 24,000 square feet. Rent is an indirect expense and is allocated based on square footage. Rent expense for the year was $44,000. Compute gross profit for the Black and Navy Divisions, respectively. Multiple Choice $128,000, $145,000. $128,000; $121,000. $114,000; $121,000
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