21) What is the total gross profit of the company if there are three departments (A, B, and C) and the net sales are \$200,000, \$164,000, and \$286,000, respectively, and cost of goods sold is \$86,000, \$92,000, and \$82,000, respectively?

A) \$390,000

B) \$650,000

C) \$400,000

D) \$260,000

22) A company has three departments (A, B, and C) and the net sales are \$350,000; \$410,000; and \$285,000 respectively. The cost of goods sold per department are \$295,000; \$360,000; and \$225,000 respectively. What department has the highest gross profit?

A) A

B) B

C) C

D) Both departments A and B

23) The PPC department of Ajax shows gross sales of \$730,600 for computer supplies and \$934,900 for office supplies. The cost of the computer supplies was \$534,000 and the cost of the office supplies was \$491,400. What is the gross profit for each category of the department respectively?

A) \$730,600 and \$934,900

B) \$534,000 and \$491,400

C) \$239,200 and \$400,900

D) \$196,600 and \$443,500

24) The photography department in a department store experienced the following revenue and expenses during October:

 Sales \$23,500 Cost of Goods Sold 8,200 Direct Operating Expenses 1,000 Indirect Operating Expenses 2,300

The photography departmental gross profit on sales is:

A) \$15,300.

B) \$20,200.

C) \$13,000.

D) \$14,300.

25) All of the following are used to compute gross profit except:

A) sales.

B) purchase returns and allowances.

C) rent expense.

D) purchases.

26) All of the following are used to compute gross profit except:

A) sales.

B) sales returns and allowances.

C) accounts receivable.

D) purchases.

27) A profit center and a cost center both generate revenue.

28) A profit center and a cost center both generate costs.

29) The toy department of a department store would be a cost center.

30) A human resource department would be a profit center.