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Exercise 25-19 The Vaughn 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 25-19 The Vaughn 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. ederlented portions of the operating recipes appeare comes SON Determine the missing pieces of information below. Planes Taxis Limos Service revenue $501,500 Variable costs 5,493,000 304,800 Contribution margin 252,100 442,552 Controllable fixed costs 1,498,500 Controllable margin 85,000 200,252 Average operating assets 25,032,400 1,540,400 Return on investment 13 % 10 % % Click if you would like to Show Work for this question: Open Show Work

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