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Exercise 22-19 The Ferrell Transportation Company uses a responsibility reporting system to measure the performance of its three investment centers: Planes, Taxis, and Limos. Segment

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Exercise 22-19 The Ferrell Transportation Company uses a responsibility reporting system to measure the performance of its three investment centers: Planes, Taxis, and Limos. Segment performance is measured using a system of responsibility reports and return on investment calculations. The allocation of resources within the company and the segment managers' bonuses are based in part on the results shown in these reports. Recently, the company was the victim of a computer virus that deleted portions of the company's accounting records. This was discovered when the current period's responsibility reports were being prepared. The printout of the actual operating results appeared as follows. Determine the missing pieces of information below. (Round intermediate calculations and final answers to o decimal places, e.g. 1,255.) Planes Taxis Limos Service revenue $499,500 Variable costs 5,505,900 304,400 Contribution margin 251,800 444,476 Controllable fixed costs 1,502,900 Controllable margin 77,000 199,576 Average operating assets 24,981,700 1,535,200 Return on investment 15 % 10 % % Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT VIDEO: APPLIED SKILLS

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