Crane Company recorded operating data for its shoe division for the year as follows: Sales Contribution margin Controllable fixed costs Average total operating assets $12960000 540000 170000 1080000 What is the controllable margin for the year?

Crane Company recorded operating data for its shoe division for the year as follows: Sales Contribution margin Controllable fixed costs Average total operating assets $12960000 540000 170000 1080000 What is the controllable margin for the year?

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

Chapter3: Cost Behavior And Cost Forecasting

Section: Chapter Questions

Problem 3DQ: Suppose a company finds that shipping cost is 3,560 each month plus 6.70 per package shipped. What...

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Question

Crane Company recorded operating data for its shoe division for the year as follows:
Sales
Contribution margin
Controllable fixed costs
Average total operating
assets
$12960000
O $540000
O $370000
O 24%
50%
540000
170000
1080000
What is the controllable margin for the year?

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