One department in a company had a contribution margin of $15,000 and a net loss from operations of $2,000.The indirect expenses allocated to this department would have been incurred whether or not the department existed.If this department had been eliminated,the company's reported net income would have been
A) $2,000 higher.
B) $15,000 lower.
C) $13,000 lower.
D) the same with or without the department.
Correct Answer:
Verified
Q49: An example of a direct expense in
Q58: Department A had total sales of $40,000
Q59: The Copying Department occupied 9,000 square feet
Q61: Department A had total sales of $84,000
Q62: In a store with several sales departments,departmentalized
Q64: Taylor and King,CPAs installed a new computer
Q65: Indirect expenses of the human resource department
Q66: Taylor and King,CPAs installed a new computer
Q68: If a segment of business is considered
Q74: A department probably would be considered for
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents