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Ivanhoe Company had the following operating data for the year for its computer division: sales, $675000; contribution margin, $156000; total fixed costs (controllable), $103000; and
Ivanhoe Company had the following operating data for the year for its computer division: sales, $675000; contribution margin, $156000; total fixed costs (controllable), $103000; and average total operating assets, $300000. What is the controllable margin for the year? $53000. O 17.7%. O $156000. O 52%.
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