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Vaughn Manufacturing recorded operating data for its shoe division for the year. Sales$1700000Contribution margin400000Controllable fixed costs180000Average total operating assets800000 How much is controllable margin for
- Vaughn Manufacturing recorded operating data for its shoe division for the year.
Sales$1700000Contribution margin400000Controllable fixed costs180000Average total operating assets800000
How much is controllable margin for the year?
$400000
$220000
24%
50%
2.Swifty Corporation had average operating assets of $4800000 and sales of $2400000 in 2016. If the controllable margin was $240000, the ROI was
20%
50%
5%
10%
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