Do It! Review 10-4 The service division of Raney Industries reported the following results for 2020. Sales Variable costs Controllable fixed costs Average operating assets $516,000 309,600 69,060 654,000 Management is considering the following independent courses of action in 2021 in order to maximize the return on investment for this division 1. Reduce average operating assets by $104,640, with no change in controllable margin. 2. Increase sales $112,815, with no change in the contribution margin percentage. Your answer is partially correct. Try again. Compute the controllable margin and the return on investment for 2020. Controllable margin Return on investment for 2020 137,340 32.6 % LINK TO TEXT Your answer is partially correct. Try again. Compute the controllable margin and the expected return on investment for 2021 for each proposed alternative. (Round Ror to 1 decimal places 1.5%.) CALCULATOR PRINTER VERSION BACK HACK NI Your answer is partially correct. Try again. Compute the controllable margin and the return on investment for 2020. Controllable margin 137,340 Return on investment for 2020 32.6 % LINK TO TEXT Your answer is partially correct. Try again. Compute the controllable margin and the expected return on investment for 2021 for each proposed alternative. (Round Ror to I decimal place, e.g. 1.5%.) Alternative 1 Alternative 2 The controllable margin J 137,340 L 155466 The expected return on investment Click if you would like to Show Work for this question: Open Show Work UNK TO TEXT Question Attempts: 2 of 3 used