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The South Division of Wiig Company reported the following data for the current year. Exericse 24-17 Your answer is partially correct. Try again. The South
The South Division of Wiig Company reported the following data for the current year.
Exericse 24-17 Your answer is partially correct. Try again. The South Division of Wiig Company reported the following data for the current year. Sales Variable costs Controllable fixed costs Average operating assets $3,016,000 1,978,496 601,000 5,020,800 Top management is unhappy with the investment center's return on investment (ROI). It asks the manager of the South Division to submit plans to improve ROI in the next year. The manager believes it is feasible to consider the following independent courses of action. 1. Increase sales by $321,000 with no change in the contribution margin percentage. 2. Reduce variable costs by $156,900 3. Reduce average operating assets by 390Step by Step Solution
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