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Investment Center A B Sales $ ? $ 11,500,000 Net income $ 453,000 $ ? Average invested assets $ 1,510,000 $ ? Profit margin 6

Investment Center
A B
Sales $ ? $ 11,500,000
Net income $ 453,000 $ ?
Average invested assets $ 1,510,000 $ ?
Profit margin 6 % ? %
Investment turnover ? 2.0
Return on investment ? % 12 %

Use the information in the following table to compute each departments contribution to overhead (both in dollars and as a percent). (Round your final answers to 2 decimal places.)

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Profit Margin: Choose Numerator / Choose Denominator: = Profit Margin Investment Center Profit margin 6.00% Investment Turnover: Choose Numerator: = Investment Turnover 1 Choose Denominator: ID Investment Center = Investment turnover 2.00 Return on investment: Choose Numerator: I Choose Denominator: Return on investment Investment Center = Return on investment A 12.00%

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