For the year ending December 31, 2022, Marigold Company accumulates the following data for the Plastics...
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For the year ending December 31, 2022, Marigold Company accumulates the following data for the Plastics Division, which it operates as an investment center:contribution margin-$671.110 budget, $695,741 actual; controllable fixed costs-$298,900 budget, $305,900 actual. Average operating assets for the year were $1,959,000. Prepare a responsibility report for the Plastics Division beginning with contribution margin for the year ending December 31.2022 (Round ROI to 1 decimal place, e.g. 1.5%) MARIGOLD COMPANY Plastics Division Responsibility Report For the year ending December 31, 2022, Marigold Company accumulates the following data for the Plastics Division, which it operates as an investment center:contribution margin-$671.110 budget, $695,741 actual; controllable fixed costs-$298,900 budget, $305,900 actual. Average operating assets for the year were $1,959,000. Prepare a responsibility report for the Plastics Division beginning with contribution margin for the year ending December 31.2022 (Round ROI to 1 decimal place, e.g. 1.5%) MARIGOLD COMPANY Plastics Division Responsibility Report
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