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Franklin, Inc

Question 109

Multiple Choice

Franklin, Inc. has two divisions, Seward and Charles. Following is the income statement for the previous year: 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 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

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