Cole Co. is a large company that segments its business into cost and profit centers. The Cost center for the manufacture of Product AC2 incurred the following costs in the previous period:
The AC2 Department reports the results of production to the Sales department for the plant. Sales were 5,000 units last period. Each unit sells for $100.
What were the total costs reported to the profit center last period?

Question

Cole Co. is a large company that segments its business into cost and profit centers. The Cost center for the manufacture of Product AC2 incurred the following costs in the previous period:
  The AC2 Department reports the results of production to the Sales department for the plant. Sales were 5,000 units last period. Each unit sells for $100.
What were the total costs reported to the profit center last period?

Quizplus · Accepted Answer

The Answer of Cole Co. is a large company that segments its business into cost and profit centers. The Cost center for the manufacture of Product AC2 incurred the following costs in the previous period:
  The AC2 Department reports the results of production to the Sales department for the plant. Sales were 5,000 units last period. Each unit sells for $100.
What were the total costs reported to the profit center last period?

Cole Co Is a Large Company That Segments Its Business into into Cost