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(LO 1-3) 1-28. Cost Data for Managerial Purposes Betty's Fashions operates retail stores in both downtown and suburban locations. The com- pany has two responsibility

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(LO 1-3) 1-28. Cost Data for Managerial Purposes Betty's Fashions operates retail stores in both downtown and suburban locations. The com- pany has two responsibility centers: the City Division, which contains stores in downtown locations, and the Mall Division, which contains stores in suburban locations. Betty's CEO is concerned about the profitability of the City Division, which has been operating at a loss for the last several years. The most recent City Division income statement follows. The CEO has

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