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Chic Jewelers views each branch location as an investment center.The local branch reported the following results for the current year:

-The contribution margin of the local branch is:
A)$5,500,000.
B)$2,400,000.
C)$2,246,000.
D)$3,254,000.

Question

[The following information applies to the questions displayed below.]
Chic Jewelers views each branch location as an investment center.The local branch reported the following results for the current year:
 
-The contribution margin of the local branch is:
A)$5,500,000. 
B)$2,400,000. 
C)$2,246,000. 
D)$3,254,000.

Quizplus · Accepted Answer

The contribution margin is calculated by subtracting the variable costs from the sales revenue. Without the specific numbers provided in the question, it's impossible to give a detailed explanation. However, the correct answer is based on the standard formula for calculating the contribution margin.

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