Ultimo Company operates three production departments as profit centers. The following information is available for...
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Accounting
Ultimo Company operates three production departments as profit centers. The following information is available for its most recent year. Which department has the greatest departmental contribution to overhead (in dollars) and what is the amount contributed?
Department 1
Department 2
Department 3
Sales
$ 1,000,000
$ 400,000
$ 700,000
Cost of goods sold
700,000
150,000
300,000
Direct expenses
100,000
40,000
150,000
Indirect expenses
80,000
100,000
20,000
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