Question: Coronado Industries recorded operating data for its shoe division for the year as follows: Sales $4940000 Contribution margin: 380000 Controllable fixed costs 160000. Average

Coronado Industries recorded operating data for its shoe division for the year

Coronado Industries recorded operating data for its shoe division for the year as follows: Sales $4940000 Contribution margin: 380000 Controllable fixed costs 160000. Average total operating assets 760000 What is the controllable margin for the year? 50% $220000 13% $380000

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