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Use the following information for questions 22-26: The Real Estate Products Division of McKenzie Co. is operated as a profit center. Sales for the
Use the following information for questions 22-26: The Real Estate Products Division of McKenzie Co. is operated as a profit center. Sales for the division were budgeted for 2019 at $1,250,000. The only variable costs budgeted for the division were cost of goods sold of $610,000 and selling and administrative of $80,000. Fixed costs were budgeted at $130,000 for cost of goods sold, $120,000 for selling and administrative and $95,000 for noncontrollable fixed costs. Actual results for these items were: Sales Cost of Goods $1,175,000 Sold Variable 545,000 Fixed 140,000 Selling and Administrative Expense Variable 82,000 Fixed 100,000 Noncontrollable 105,000 fixed costs Question 22 Assuming a static budget, compute the total budget contribution margin for 2019: Question 23 Assuming a static budget, compute the total actual contribution margin for 2019: D Question 24 Assuming a static budget, compute the total budget controllable margin for 2019: Question 25 Assuming a static budget, compute the total actual controllable margin for 2019: 2 p 21 Question 26 3 pts Assume the division is an investment center such that all costs are controllable at the division level. and average operating assets were $1,200,000, Compute actual ROI. (Round your answer to two decimal points and answer in terms of a percentage, ie, 45.72%)
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