Calculate the Return on Investment from the following responsibility report data using total revenue as the base: Account Revenues Clothing revenue Clothing accessories revenue Expenses Associates wages Managers wages Cost of clothing sold Cost of accessories sold Equipment/fixture repairs Responsibility report data Actual $419,769 17,492 $48.641 29,410 262,242 6,372 786 1.575 Ubilities Be sure to enter the answer as a percentage but do not include the % sign. Round to two decimal places.
Calculate the Return on Investment from the following responsibility report data using total revenue as the base: Account Revenues Clothing revenue Clothing accessories revenue Expenses Associates wages Managers wages Cost of clothing sold Cost of accessories sold Equipment/fixture repairs Responsibility report data Actual $419,769 17,492 $48.641 29,410 262,242 6,372 786 1.575 Ubilities Be sure to enter the answer as a percentage but do not include the % sign. Round to two decimal places.
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter11: Performance Evaluation And Decentralization
Section: Chapter Questions
Problem 48P: (Appendix 11A) Balanced Scorecard The following list gives a number of measures associated with the...
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Transcribed Image Text:Calculate the Return on Investment from the following responsibility report data using total
revenue as the base:
Account
Revenues
Clothing revenue
Clothing accessories revenue
Expenses
Associates wages
Managers wages
Cost of clothing sold
Cost of accessories sold
Equipment/foxture repairs
Responsibility report data
Actual
$419,769
17,492
$48,641
29,410
262,242
6,372
786
1,575
Utilities
Be sure to enter the answer as a percentage but do not include the % sign. Round to two decimal
places.
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