Current Attempt in Progress Novak Company manufactures a variety of tools and industrial equipment. The company operates through three divisions. Each division is an investment center. Operating data for the Home Division for the year ended December 31, 2022, and relevant budget data are as follows. Actual Comparison with Budget Sales Variable cost of goods sold Variable selling and administrative expenses Controllable fixed cost of goods sold $1,399,000 $100,000 favorable 670,000 55.000 unfavorable 124,000 25,000 unfavorable 170,000 On target Controllable fixed selling and administrative expenses 83,000 On target Average operating assets for the year for the Home Division were $2,000,000, which was also the budgeted amount. (a) (c) Compute the expected ROI in 2022 for the Home Division, assuming the following independent changes to actual data. (Round ROI to 2 decimal places, e.g. 1.57%.) (1) Variable selling and administrative expenses are decreased by 6%. (2) Average operating assets are decreased by 20.0%. (3) Sales are increased by $199,000, and this increase is expected to increase contribution margin by $84,000. eTextbook and Media Save for Later The expected ROI Attempts: 0 of 3 used Submit Answer SP % %