The women's shoe department shows gross sales of $245,000 with the cost of the shoes $147,000.The men's shoe department shows gross sales of $184,000 with the cost of the shoes $110,000.What is the gross profit for each department respectively?
A) $392,000 and $294,000
B) $245,000 and $184,000
C) $98,000 and $74,000
D) $429,000 and $257,000
Correct Answer:
Verified
Q4: A profit center is a unit in
Q5: In a cost center,the manager:
A)has the responsibility
Q6: An example of a cost center is:
A)a
Q6: A company has four departments (A,B,C and
A)A
B)B
C)C
D)D
D)and
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Q11: Sales minus cost of goods sold yields:
A)operating
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Q18: Gross profit by department appears on the:
A)balance
Q19: When a company tracks gross profit by
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