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23) Golden State Manufacturing recorded operating data for its shoe division for the year. Sales $2,500,000 Contribution margin 450,000 Controllable fixed costs 280,000 Average total

23) Golden State Manufacturing recorded operating data for its shoe division for the year.

Sales $2,500,000

Contribution margin 450,000

Controllable fixed costs 280,000

Average total operating assets 1,600,000

How much is controllable margin for the year?

$2,500,000

$170,000

10.6%

$450,000

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