Question: Brief Exercise 10-12 Presented below is information related to the Southern Division of Lumber, Inc. Contribution margin Controllable margin Average operating assets Minimum rate of

Brief Exercise 10-12 Presented below is information related to the Southern

Brief Exercise 10-12 Presented below is information related to the Southern Division of Lumber, Inc. Contribution margin Controllable margin Average operating assets Minimum rate of return $1,232,200 $848,610 $4,041,000 16 % Compute the Southern Division's return on investment and residual income. Return on investment % Residual income

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