32 of 33 View Policies Current Attempt in Progress < -/10 Blossom Company expects to produce 6,900 units of product IOA during the current year, Budgeted variable manufacturing costs per unit are direct materials $5, direct labour $11, and overhead $17. Monthly budgeted fixed manufacturing overhead costs are $8.200 for depreciation and $4,500 for supervision. In the current month, Blossom produced 7,400 units and incurred the following costs: direct materials $34,845, direct labour $77.100. variable overhead $137,241, depreciation $8,200, and supervision $4.752. Prepare a static budget report. (List variable costs before fixed costs.) Blossom Company Static Budget Report Budget Actual Differ Favou Unfavo Neither Favourable Question 33 of 33 View Policies: Current Attempt in Progress Return on investment is often expressed as follows Controllable margin Controllable margin Sales ROI Average operating assets Sales Average operating assets (b1) View Policies Current Attempt in Progress Presented below is information related to the Southern Division of Lumber Ltd. Contribution margin $1.212.200 Controllable margin $940,332 Average operating assets $4,088,400 Minimum rate of return 15 % Calculate the Southern Division's return on investment and residual income. Return on investment % Residual income $ Save for Later Attempts: 0 of 2 used Submit