Question
Cullumber produces and sells two productsaluminum and vinyl. Each of these products is made in a dedicated manufacturing facility, and the product line managers are
Cullumber produces and sells two productsaluminum and vinyl. Each of these products is made in a dedicated manufacturing facility, and the product line managers are evaluated based on the product lines return on investment. The following data is from the most recent year of operations.
Aluminum | Vinyl | ||||
---|---|---|---|---|---|
Sales | $4,800,000 | $4,200,000 | |||
Variable costs | 2,304,000 | 2,355,000 | |||
Direct fixed costs | 1,728,000 | 1,530,000 | |||
Average assets | 3,200,000 | 1,500,000 |
(a1)
Correct answer iconYour answer is correct.
Calculate the margin and asset turnover for each product line. (Round answers to 2 decimal places, e.g. 5.12 and 5.12%.)
Aluminum | Vinyl | ||
---|---|---|---|
Margin | enter ratio rounded to 2 decimal places % | enter ratio rounded to 2 decimal places % | |
Asset turnover | enter ratio rounded to 2 decimal places | enter ratio rounded to 2 decimal places |
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Attempts: 1 of 3 used
(a2)
Calculate return on investment for each product line. (Round ROI to 2 decimal places, e.g. 5.12%.)
Aluminum | Vinyl | ||
---|---|---|---|
ROI | enter percentages rounded to 2 decimal places % | enter percentages rounded to 2 decimal places % | |
PLEASE ANSWER PART A2!!!!!!!!! |
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