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The operating statement used by an organisation to measure the performance of its divisions is structured as follows: External sales Internal transfers Variable cost
The operating statement used by an organisation to measure the performance of its divisions is structured as follows: External sales Internal transfers Variable cost of sales Other variable divisional costs $ $ $ (X) (X) 88 XXS Contribution * 8 (X) Depreciation on controllable non current assets Other controllable fixed costs (X) 88 (X) (X) Controllable operating profit Depreciation on other divisional non current assets Other traceable divisional costs X 88 (X) (X) (X) Traceable divisional profit Apportioned head office cost Divisional net profit 88 (X) X Which of the following would provide the best basis for measuring the performance of a manager of an investment centre? 0 Controllable operating profit 0 Contribution Traceable divisional profit Divisional net profit
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