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Exercise 11.34 Presented below is selected financial information for two divisions of Yono Brewing. Supply the missing information for the lettered items. Lager Lite Lager
Exercise 11.34 Presented below is selected financial information for two divisions of Yono Brewing. Supply the missing information for the lettered items. Lager Lite Lager $299,800 Contribution margin Controllable margin $500,300 200,160 (c) Average operating assetst (a) $1,199,100 Minimum rate of return % (b) 15 % Return on investment 18 % % (d) Residual income $100,080 $203,847
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