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24 Las Sendas, Inc. had average operating assets of $2,000,000 and sales of $3,000,000 in 2016. The controllable margin was $770,000. Calculate the Return On
24 Las Sendas, Inc. had average operating assets of $2,000,000 and sales of $3,000,000 in 2016. The controllable margin was $770,000. Calculate the Return On Investment (ROI). (Answer should be rounded to the nearest percent, i.e. 0.433333 should be entered as 43) QUESTION 25 A company purchases 11,000 pounds of materials. The materials price variance is $6,000 favorable. Calculate the difference between the standard and actual price paid for materials. (Answer should be rounded to the nearest penny, i.e. 0.666 should be entered as 0.67)
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