View Policies Current Attempt in Progress The service division of Monty Industries reported the following results for 2022. Sales Variable costs $490,000 294,000 Controllable fixed costs 73,500 Average operating assets 612,500 -/1 E Management is considering the following independent courses of action in 2023 in order to maximize the return on investment for this division. 1. Reduce average operating assets by $122,500, with no change in controllable margin. 2 Increase sales $98,000, with no change in the contribution margin percentage. (a) Compute the controllable margin and the return on investment for 2022. Controllable margin Return on investment for 2022