FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question

Accounting - Controllable Margin and Average Operating Assets

Data for the Deluxe Division of Blossom Industries which is operated as an investment center is as follows: Sales Contribution Margin Controllable Fixed Costs Return on Investment Controllable Margin $6,010,000 Average Operating Assets 810,000 Calculate controllable margin and average operating assets. $ 441,000 12%
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Transcribed Image Text:Data for the Deluxe Division of Blossom Industries which is operated as an investment center is as follows: Sales Contribution Margin Controllable Fixed Costs Return on Investment Controllable Margin $6,010,000 Average Operating Assets 810,000 Calculate controllable margin and average operating assets. $ 441,000 12%
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