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The Ferrell Transportation Company uses a responsibility reporting system to measure the performance of its three investment centers: Planes, Taxis, and Limos. Segment performance is
The Ferrell 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 appeared as follows. Determine the missing pieces of information below. (Round intermediate calculations and final answers to decimal places, e.g. 1,255.) Planes Taxis Limos Service revenue $ $502,400 $ Variable costs 5,509,100 300,200 Contribution margin 249,300 482,768 Controllable fixed costs 1,504,900 Controllable margin 78,000 240,768 Average operating assets 25,015,200 1,504,800 Return on investment 13 % 8 % %
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