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Coronado Industries recorded operating data for its shoe division for the year as follows: Sales $4940000 Contribution margin: 380000 Controllable fixed costs 160000. Average

Coronado Industries recorded operating data for its shoe division for the year as follows: Sales $4940000 Contribution margin: 380000 Controllable fixed costs 160000. Average total operating assets 760000 What is the controllable margin for the year? 50% $220000 13% $380000

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