Question
QS 22-14 (Algo) Components of performance measures LO A1, A2 Fill in the blanks in the schedule below for two separate investment centers A
QS 22-14 (Algo) Components of performance measures LO A1, A2 Fill in the blanks in the schedule below for two separate investment centers A and B. Investment Center Sales Income Average assets Profit margin Investment turnover Return on investment B $ ? $11,500,000 $ 453,000 $7 $ 1,510,000 $? 6% 7% 2.0 7% 12% Use the information in the table above to compute each department's contribution to overhead (both in dollars and as a percent). (Round your final answers to 2 decimal places.) Profit Margin: Numerator: Investment Center A B Investment Turnover: Investment Center A B Return on investment: Denominator: Profit Margin Profit margin 6.00% % Numerator: Denominator: Investment Turnover Investment turnover Numerator: Denominator: Return on investment 2.00
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