Responsibility income statement
Classico's Pizza,a chain of pizza parlors,views each branch location as an investment center.The local branch reported the following results for the current year:
Compute the following measures for this investment center:
(a)Contribution margin: $________
(b)Contribution margin ratio: ________%
(c)Responsibility margin: $________
(d)Increase in annual responsibility margin that would be expected to result from a 10% increase in sales volume: $________

Question

Responsibility income statement
Classico's Pizza,a chain of pizza parlors,views each branch location as an investment center.The local branch reported the following results for the current year:
  Compute the following measures for this investment center:
(a)Contribution margin: $________
(b)Contribution margin ratio: ________%
(c)Responsibility margin: $________
(d)Increase in annual responsibility margin that would be expected to result from a 10% increase in sales volume: $________

Quizplus · Accepted Answer

The Answer of Responsibility income statement
Classico's Pizza,a chain of pizza parlors,views each branch location as an investment center.The local branch reported the following results for the current year:
  Compute the following measures for this investment center:
(a)Contribution margin: $________
(b)Contribution margin ratio: ________%
(c)Responsibility margin: $________
(d)Increase in annual responsibility margin that would be expected to result from a 10% increase in sales volume: $________

Responsibility Income Statement Classico's Pizza,a Chain of Pizza Parlors,views Each Branch Location as Branch