Her I System Announcements CALCULATOR PRINTER VERSION 4 BACK NEXT The service division of Raney Industries reported the following results for 2020. SIGNMENT RESOURCES Assignment 5 Do It Review 7-2 Do It Review 703 (Part Level Submission) Do It Review 7-4 Do It Review 7.5 Do It! Review 10-4 Part Level Submission) Exercise 10-7 (Part Level Submission) (Video) Sales Variable costs Controllable fixed costs Average operating assets $478,000 286,800 65,230 663,000 Management is considering the following independent courses of action in 2021 in order to maximize the return on investment for this division. 1. Reduce average operating assets by $178,500, with no change in controllable margin. 2. Increase sales $129,285, with no change in the contribution margin percentage. view Score view Results by Study jective (a) x Your answer is incorrect. Try again. Compute the controllable margin and the return on investment for 2020. Controllable margin 178500 X Return on Investment for 2020 20 % Click if you would like to Show Work for this question: Open Show Work SAVE FOR LATER SUBMIT ANSWER Attempts: 1 of 2 used The parts of this question must be completed in order. This part will be available when you complete the part above. MacBook Pro ENNENT RESOURCES ments Your answer is correct. Compute the controllable margin and the return on investment for 2020. 25 Rew 10 Controllable margin 125970 10:22 2 Return on investment for 2020 Score Besults by Study Click If you would like to Show Work for this question: Open Show Work SNOW SOLUTION SHOW ANSWER LINK TO TOT Attemptss 2 of 2 used (b) Compute the controllable margin and the expected return on investment for 2021 for each proposed alternative. (Round Ror to 1 decimal place, ag. 1.5%) Alternative 1 Alternative 2 The controllable margin $ The expected return on investment % Click if you would like to Show Work for this question: Open Show Work Attempts: 0 of 2 used