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will be distributed to management. Subtotals and totals are included in the information, but you will need to calculate the values. PretaxincomeGrossprofitAllocatedcosts(uncontrollable)LaborexpenseSalesResearchanddevelopment(uncontrollable)DepreciationexpenseNetincome/(loss)CostofgoodssoldSellingexpenseTotalexpensesMarketingcosts(uncontrollable)AdministrativeexpenseIncometaxexpense(21%ofpretaxincome)Otherexpenses??$2,03041,580188,00032016,000?118,4401,250?780680?320 A. Prepare the

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will be distributed to management. Subtotals and totals are included in the information, but you will need to calculate the values. PretaxincomeGrossprofitAllocatedcosts(uncontrollable)LaborexpenseSalesResearchanddevelopment(uncontrollable)DepreciationexpenseNetincome/(loss)CostofgoodssoldSellingexpenseTotalexpensesMarketingcosts(uncontrollable)AdministrativeexpenseIncometaxexpense(21%ofpretaxincome)Otherexpenses??$2,03041,580188,00032016,000?118,4401,250?780680?320 A. Prepare the income statement to include all costs, but separate out uncontrollable costs using the above information. Round your answers to the nearest dollar. answers to one decimal place and residual income to the nearest dollar. C. Which of the following statements is correct? Uncontrollable costs are included in the income statement because a. these costs ultimately affect each division. b. these costs are the responsibility of each division manager. c. these costs are non-recurring. d. these costs are head office's responsibility

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