Pippen co. recorded operating data for its shoe division for the year. the company's desired return is
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Question:
Pippen co. recorded operating data for its shoe division for the year. the company's desired return is 5%.
sales $1,000,000rn
contribution margin 200,000rn
total direct fixed costs 120,000rn
average total operating assets 400,000rn
which one of the following reflects the controllable margin for the year?
a). $80,000rn
b). $60,000rn
c). 20%rn
d). 50%
Related Book For
Cost Management Accounting and Control
ISBN: 978-0324559675
6th Edition
Authors: Don R. Hansen, Maryanne M. Mowen, Liming Guan
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