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Chic Jewelers views each branch location as an investment center. The local branch reported the following results for th
Posted: Mon Apr 25, 2022 7:57 am
by answerhappygod
- Chic Jewelers Views Each Branch Location As An Investment Center The Local Branch Reported The Following Results For Th 1 (16.49 KiB) Viewed 36 times
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