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The Ferrell Transportation Company uses responsibility reporting system to measure the performance of its three investment centers: Planes. Taxis. and Limos. Segment performance is
The Ferrell Transportation Company uses responsibility reporting system to measure the performance of its three investment centers: Planes. Taxis. and Limos. Segment performance is measured using system of responsibility reports and return on investment calculations. The allocation of rescurces 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 computer virus that deleted portions of the company's accounting records. This was discuered when the current pericZ's responsibility reports were being prepared. The printout of the actual operating results appeared as follows. Determine the missing pieces of information below Service revenue Variable costs Contribution margin Controllable fixed costs Controllable margin Average operating assets Return on investment Planes 5,493000 1,494S00 13 350100 252,100 85,000 10 Limos 304,800 442552 200,252 1 sco,400
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