nswered arked out of 4.00 percent) Flag uestion Bug Company has the following data needed to complete the operating result for the year just ended: a. Division 1 has 60 percent contribution margin ratio. b. Division 1 and Division 2 average operating assets are $150,000 and $20,000 respectively. c. Common fixed expenses total $290,000 are allocated to each division base on each division sales revenues with the company's overall net operating income of $40,000. d. The company reported a total sale of $1,000,000 from Division 1 and Division 2. e. The company required a minimum rate of return on investment is 20% from each division. Required - complete the table below Instruction: DO NOT put a "$" dollar sign, a "comma sign, and "%" percent sign on your answer. Division 1 Division 2 Sales Less Variable expenses Contribution margin 360000 320000 Less Traceable fixed expenses 150000 00000 Division segment margin 210000 120000 Less Common fixed expenses Net operating income Rate of return on investment Divisions' required return on investment Divisions' residual income Multiple choice questions (category 1-20) 20 perce 1 2 3 4 5 6 7 9 10 11 12 13 14 15 1 17 18 19 20 Fill in the blank questions (category 21-22) 30 percen 21 22 Finish attempt... Time left 0:37:15