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Fill in the blanks in the schedule below for two separate investment centers A and B. B $ 10,700,000 Investment Center Sales Income Average assets
Fill in the blanks in the schedule below for two separate investment centers A and B. B $ 10,700,000 Investment Center Sales Income Average assets Profit margin Investment turnover Return on investment $ 314,600 $ 1,430,000 10% ? ?% $ ? ? % 1.2 12% Use the information in the table above to compute each department's contribution to overhead (both in dollars and as a percen (Round your final answers to 2 decimal places.) X Answer is not complete. Profit Margin: Numerator: 1 Denominator Profit Margin Investment Center Income Sales Profit margin $ $ 10.00 314,600 1 314,600 X/ 10,700,000 X 1,070,000 B S $ 10.00 Investment Turnover: Investment Turnover: Numerator: Denominator: Investment Turnover Investment Center Investment turnover A B 1.20 Return on investment: Numerator: Denominator: Return on investment Return on investment Investment Center % A 12.00
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