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Presented below is information related to the Southern Division of Lumber Ltd. Contribution margin Controllable margin $1,223,300 $1,018,850 Average operating assets $4,075,400 Minimum rate
Presented below is information related to the Southern Division of Lumber Ltd. Contribution margin Controllable margin $1,223,300 $1,018,850 Average operating assets $4,075,400 Minimum rate of return 20 % Calculate the Southern Division's return on investment and residual income. Return on investment Residual income $ %
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
14th Global Edition
978-0273753872, 0273753878
