Exercise 10-21 Presented below is selected financial information for two divisions of Samberg Brewing. Supply the missing information for the lettered items. (Round minimum rate of return an Lager $500,000 200,000 Lite Lager $300,000 Contribution margin Controllable margin (c) Average operating assets (a) $1,200,000 Minimum rate of return % (b) 11 % Return on investment 16 % % (d) Residual income $100,000 $204,000 LINK TO TEXT Practice Question 04 Which one of the following is not an advantage of a standard costing system? It allows for a comparison of differences between actual and standard costs. O It is useful in highlighting variances for management by exception. It provides a quick basis for determining the actual cost of a product. It can be used as the price at which to sell a product. LINK TO TEXT