- Chic Jewelers Views Each Branch Location As An Investment Center The Local Branch Reported The Following Results For Th 1 (16.49 KiB) Viewed 35 times
Chic Jewelers views each branch location as an investment center. The local branch reported the following results for th
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Chic Jewelers views each branch location as an investment center. The local branch reported the following results for th
Chic Jewelers views each branch location as an investment center. The local branch reported the following results for the current year: Sales $ 6,000,000 Variable expenses $ 3,704,000 Traceable fixed costs $ 345,000 Average total assets of the branch $ 2,900,000 The responsibility margin of the local branch is: a $2,900,000 b. $2,296,000 c. $1,951,000. d. $6,000,000