Bonita Industriesrecorded operating data for its shoe division for the year. The company's desired return is 5% Sales Contribution margin Total direct fixed costs Average total operating assets $1000000 190000 120000 380000 Which one of the following reflects the controllable margin for the year? O 19% $70000 50% O $60000 Sheffield Corp. estimates its sales at 270000 units in the first quarter and that sales will increase by 11000 units each quarter over the year. They have, and desire, a 25% ending inventory of finished goods. Each unit sells for $25,40% of the sales are for cash. 70% of the credit customers pay within the quarter. The remainder is received in the quarter following sale. Cash collections for the third quarter are budgeted at O $5986000 $4184500 $7250500. $7716370