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The Crane Transportation Company uses a responsibility reporting system to measure the performance of its three investment centers: Planes, Taxis, and limos. Segment performance is
The Crane Transportation Company uses a responsibility reporting system to measure the performance of its three investment centers: Planes, Taxis, and limos. Segment performance is measured using a system of responsibility reports and return on investment calculations. The allocation of resources within the company and the segment managers' bonuses are based in part on the results shown in these reports Recently, the company was the victim of a computer virus that deleted portions of the company's accounting records. This was discovered when the current period's responsibility reports were being prepared. The printout of the actual operating results, with question marks for missing amounts, appeared as follows Determine the missing pieces of information below. Pianes Taxis Limos Service revenue $ $499.700 $ Variable costs 5.506,000 296,800 246,000 471,445 1.504.700 79.000 228.645 Contribution margin Controllable fixed costs Controllable margin Average operating assets Returnen investment 1 524 300 24,987600
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