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Franklin,Inc

Question 83

Multiple Choice

Franklin,Inc.has two divisions,Seward and Charles.Following is the income statement for the previous year: Of the total fixed costs,$300,000 are common fixed costs that are allocated equally between the divisions.What would Franklin's profit margin be if Charles were dropped?
Franklin,Inc.has two divisions,Seward and Charles.Following is the income statement for the previous year: Of the total fixed costs,$300,000 are common fixed costs that are allocated equally between the divisions.What would Franklin's profit margin be if Charles were dropped? A) $60,000 B) $80,000 C) $100,000 D) $230,000


A) $60,000
B) $80,000
C) $100,000
D) $230,000

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