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Presented below is selected information for three regional divisions of Sheffield Company. Divisions North West South Contribution margin $300,600 $499,300 $399,100 Controllable margin $139,500 $360,800

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Presented below is selected information for three regional divisions of Sheffield Company. Divisions North West South Contribution margin $300,600 $499,300 $399,100 Controllable margin $139,500 $360,800 $210,000 Average operating assets $930,000 $1,640,000 $1,400,000 Minimum rate of return 13% 14% 8% Compute the return on investment for each division. North Division % West Division % South Division %Compute the residual income for each division. North Division West Division $ South Division $

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