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Franklin,Inc

Question 13

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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