The Cart Company posted operating data for its footwear division for the year. Sales $750,000, Contribution margin

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The Cart Company posted operating data for its footwear division for the year.

Sales $750,000,

Contribution margin $150,000,

Controllable fixed costs $90,000, and

Average total operating assets 300,000.

What is the controllable margin for the year?

Related Book For answer-question

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1337614689

9th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

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Posted Date: Aug 09, 2023 06:33 AM

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The Cart Company posted operating data for its footwear division for the year. Sales $750,000, Contribution margin

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The controllable margin is calculated by subtracting the controllable fi... View the full answer

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

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