Question
Residual income is defined as A. contribution margin less controllable fixed costs. B. variable contribution margin less the minimum rate of return on average operating
Residual income is defined as
A. contribution margin less controllable fixed costs.
B. variable contribution margin less the minimum rate of return on average operating assets.
C. controllable income less the minimum rate of return on average operating assets.
D. controllable margin divided by average operating assets.
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Cornerstones Of Cost Accounting
Authors: Don Hansen, Maryanne M. Mowen
1st Edition
053873678X, 978-0538736787
