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help with part C Question 5 of 5 0.98/2 Attempts: 3 of 3 used (c) * Your answer is incorrect Compute the expected ROI in
help with part C
Question 5 of 5 0.98/2 Attempts: 3 of 3 used (c) * Your answer is incorrect Compute the expected ROI in 2022 for the Home Division, assuming the following independent changes to actual data. (Round ROI to 2 decimal places, eg. 1.57%) The expected ROI (1) Variable selling and administrative expenses are decreased by 6%. 19.81 % ) (2 ) (2) Average operating assets are decreased by 12.5% 22 25 (3) Sales are increased by $200,000, and this increase is expected to increase contribution margin by $86,000 22.10 % e Textbook and Media Save for Later Attempts: 2 of 3 used Submit Answer 0.98/2 E View Policies Show Attempt History Current Attempt in Progress Blue Spruce Company manufactures a variety of tools and industrial equipment. The company operates through three divisions. Each division is an investment center. Operating data for the Home Division for the year ended December 31, 2022, and relevant budget data are as follows Sales Variable cost of goods sold Variable selling and administrative expenses Controllable fixed cost of goods sold Controllable fixed selling and administrative expenses Actual Comparison with Budget $1,401,000 $100,000 favorable 670,000 56,000 unfavorable 125,000 25,000 unfavorable 170,000 On target 79,000 On target Average operating assets for the year for the Home Division were $2,000,000, which was also the budgeted amount Step by Step Solution
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