Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 29, 2024

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

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting For Construction Frameworks Productivity Cost And Performance

Authors: Rick Best, Jim Meikle

1st Edition

1138293970, 978-1138293977

More Books

Students also viewed these Accounting questions

Question

★★★★★

Testing Your Intuition Knowing (from Example I) what you now do about the damped harmonic oscillator equation m + b. + kx = 0 and the meaning of the parameters m. b. and k, consider Problems 1-2. How...

Answered: 1 week ago

Question

★★★★★

Write the following in polar form, $z=r e^{i \theta}$. a. $i-1$. b. $-2 i$. c. $\sqrt{3}+3 i$.

Answered: 1 week ago

Question

★★★★★

which faculty you are interested in working with in terms of research; and

Answered: 1 week ago

Question

★★★★★

1. Upon investigation, you learn that the town does not have a strategic plan or a mission statement. In your view, does this affect the current situation? Why or why not? 2. Describe the specific...

Answered: 1 week ago

Question

★★★★★

Assume a company produces and sells only two products---14.000 units of Product A and 6,000 units of Product B. The selling prices are $65 per unit for Product A and $96 per unit for Product B....

Answered: 1 week ago

Question

★★★★★

Cheese Commonly Served in the Appetisers, Entrees, Cheese course ,Dessert course,Cheese tastings, Stand-alone meal, Buffet are? and the Brief Explanationabout it. Hygiene Requirements Relating to...

Answered: 1 week ago

Question

★★★★★

Does States and local governments, including local health care facilities, receive sufficient funding to adequately plan and prepare for a Weapon of Mass Destruction incident?

Answered: 1 week ago

Question

★★★★★

Before you start modeling: What are two questions you would ask to ensure the modeling process starts on task? What is your purpose for asking each of them?

Answered: 1 week ago

Question

★★★★★

Local Private Government Sector Federal Government State, Tribal, Territorial, and Insular Area Communities Nongovernmental Organizations Government Individuals, Families, and Households Whole...

Answered: 1 week ago

Question

★★★★★

Astore, Inc. reported the following financial data for the most recent year end. Sales, $210,000; operating expenses $180,000; average operating assets, $200,000; total liabilities, $65,000. The...

Answered: 1 week ago

Question

★★★★★

Expansionary strategy happens when a financial power utilizes its systems to invigorate the economy. An expansionary strategy keeps up with transient loan costs at a lower than normal rate or builds...

Answered: 1 week ago

Question

★★★★★

Will this tactic advance the organization toward its acceptance objectives?

Answered: 1 week ago

Question

★★★★★

How will these tactics help the organization achieve its objectives?

Answered: 1 week ago

Question

★★★★★

Will this tactic advance the organization toward its action objectives?

Answered: 1 week ago

Previous Question Next Question