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6 May, 09:24

Identify the type of responsibility center.

1. The 3M Company manufactures and distributes products under the Post-it, Scotch, Nexcare, and Thinsulate brand names.

2. The J. M. Smucker Company Store and Café is located in Orrville, Ohio. The store sells a variety of company products, while the café offers items made with ingredients from the Smucker's brands.

3. The Fairmont Chicago, The Fairmont Royal York in Toronto, and The Fairmont Orchid in Hawaii are all hotels owned by their parent corporation, Fairmont Hotels & Resorts.

A. Cost

B. Investment

C. Profit

D. Revenue

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  1. 6 May, 12:39
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    1. The 3M Company manufactures and distributes products under the Post-it, Scotch, Nexcare, and Thinsulate brand names. B. Investment

    2. The J. M. Smucker Company Store and Café is located in Orrville, Ohio. The store sells a variety of company products, while the café offers items made with ingredients from the Smucker's brands. C. Profit

    3. The Fairmont Chicago, The Fairmont Royal York in Toronto, and The Fairmont Orchid in Hawaii are all hotels owned by their parent corporation, Fairmont Hotels & Resorts. A. Cost

    Explanation:

    An investment is the allocation of the money for some benefits n the future and a benefit form the investment is return and includes the sales of the property like the products and brand names etc. Profits are the benefits or the advantages that are earned in buying and spending or profit of something like the sales of the company products etc. A cost is an expense that is associated with the group or the individual or the owner of the assets such as to hotels and the corporations.
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