The Sports Equipment Division of Marigold Company is operated as a profit center. Sales for the division were budgeted for $2027$ at

$$846,000.$ The only variable costs budgeted for the division were cost of goods sold $($$$413,600)$ and selling and administrative

$($$$56,400).$ Fixed costs were budgeted at $$94,000$ for cost of goods sold, $$84,600$ for selling and administrative, and $$65,800$ for

noncontrollable fixed costs. Actual results for these items were:

Sales

$$827,200$

Cost of goods sold

Variable

Fixed

Selling and administrative

Variable

Fixed

$383,520$

$98,700$

Noncontrollable fixed

$57,340$

$62,040$

$81,780$Assume the division is an investment center, and average operating assets were $$940,000.$ The noncontrollable fixed costs are

controllable at the investment center level. Compute ROI using the actual amounts. $($Round ROI to $1$ decimal place, e$.$g$.1\mathrm{.}5\%.)$

Return on investment

$\%$