12.0 Points Question 3 of 3 Chudzik Manufacturing Company makes garden and lawn equipment. The company operates through three divisions. Each division is an investment centre. Operating data for the lawn mower division for the year ended December 31, 2016, and relevant budget data are as follows: Actual Comparison with Budget Sales $2900000 $120000 unfavourable Variable cost of goods sold 1400000 90000 unfavourable Variable selling and administrative expenses 60000 favourable 290000 Controllable fixed cost of goods sold 270000 on target Controllable fixed selling and administrative expenses 140000 on target Average operating assets for the year for the lawn mower division were $5 million, which was also the budgeted amount. Requirements: 1. Calculate the budgeted ROI for the lawn mower division. 2. Calculate the actual ROI for the lawn mower division. 3. Calculate the expected ROI for the lawn mower division in the upcoming year assuming the following independent changes. Make these changes using the actual results as your starting point. a. The variable cost of goods sold decreases by 15% b. The average operating assets decrease by 20%. c. Sales increase by $500000 and this increase is expected to increase the contribution margin by $250000. Use two decimal places, e.g., 0.185 18.50%