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Waterway Industries recorded operating data for its shoe division for the year. The companys desired return is 5%. Sales $1600000 Contribution margin 240000 Total direct
Waterway Industries recorded operating data for its shoe division for the year. The companys desired return is 5%.
| Sales | $1600000 |
| Contribution margin | 240000 |
| Total direct fixed costs | 120000 |
| Average total operating assets | 480000 |
Which one of the following reflects the controllable margin for the year?
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Financial Accounting An Introduction To Concepts Methods And Uses
Authors: Clyde P. Stickney, Roman L. Weil
10th Edition
0324183518, 978-0324183511
