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Question $1,$ E$10-19$A $($book$/$static$)$

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Each of the following situations describes an organizational unit. Identify which type of responsibility center each item is $($cost$,$ revenue, profit, or investment center$)$

Type of Responsibility Center $($Cost$,$ Revenue, Profit, or Investment$)$

Organization

investment$)$

Sherwin$-$Williams Store #$1933$ is located in Copley, Ohio. The store sells paints, wallpapers, and supplies to do$-$it$-$yourself customers and to professional wall covering

a$.$ installers.

The Accounting Research and Compliance Department at FirstEnergy is responsible for researching how new accounting pronouncements and rules will impact FirstEnergy's

b$.$ financial statements.

The Southwestern Sales Region of McDermott Foods is responsible for selling the

c$.$ various product lines of McDermott.