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Thomas Company recorded operating data for its shoe division for the year. Sales.......................$1,500,000 Contribution margin.......300,000 Controllable fixed costs..180,000 Average total operating assets: $600,000 How much
Thomas Company recorded operating data for its shoe division for the year. Sales.......................$1,500,000 Contribution margin.......300,000 Controllable fixed costs..180,000 Average total operating assets: $600,000 How much is the departmental margin for the year?
a) 20%
b) 50%
c) $300,00
d)$120,000
e) none of the above
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