For each of the following organizational units, indicate whether the unit would most likely be classified as
Question:
For each of the following organizational units, indicate whether the unit would most likely be classified as a cost center (C), a revenue center (R), a profit center (P), or an investment center (I):
a. Laundry of a large bed-and-breakfast
b. Corporate-owned local outlet of a fast-food restaurant
c. Wildlife management department in a national or state park
d. Local public television station's fund-raising telethon staff ed by volunteers
e. City ticket office of an airline
f. Cafeteria of a for-profit hospital
g. Fine jewelry counter in a local department store
h. University-owned bookstore
i. Long-term parking lot at a regional airport
j. Beijing office of an international public accounting firm
k. Sales representative for a college textbook publisher
l. Bloodmobile of a local hospital
Step by Step Answer:
Cost Accounting Foundations and Evolutions
ISBN: 978-1111626822
8th Edition
Authors: Michael R. Kinney, Cecily A. Raiborn