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Assume the division is an investment center, and average operating assets were $1,120,000. The noncontrollable fixed costs are controllable at the investment center level. Compute
Assume the division is an investment center, and average operating assets were $1,120,000. The noncontrollable fixed costs are controllable at the investment center level. Compute ROI using the actual amounts. (Round ROI to 1 decimal place, e.g. 1.5%.) Return on investment % The Sports Equipment Division of Whispering Winds Company is operated as a profit center. Sales for the division were budgeted for 2022 at $1,008,000. The only variable costs budgeted for the division were cost of goods sold ($492,800) and selling and administrative ($67,200). Fixed costs were budgeted at $112,000 for cost of goods sold, $100,800 for selling and administrative, and $78,400 for noncontrollable fixed costs. Actual results for these items were: $ Variable Costs Cost of Goods Sold Selling and Administratlive Total Variable Costs Contribution Margin Controllable Fiwed Costs Cost of Coods Sold Selling and Acminittrative Total Controllable Fiwed Costs. Cothtroliable Maresin
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