Exercise 23-21 Presented below is selected financial information for two divisions of Oriole. Supply the missing information for the lettered items. (Round minimum rate of return and Ror to 1 decimal place, e.g. 10.5%.) Lager Lite Lager Contribution margin $500,000 $299,200 Controllable margin 200,000 (c) Average operating assets (a) $1,201,000 Minimum rate of return % (b) $ 14 % Return on investment 16 % % (d) Residual income $100,000 $204,170 Exercise 23-19 The Waterway Transportation Company uses a responsibility reporting system to measure the performance of its three investment centers: Planes, Taxis, and Limos. Segment performance is measured using a system of responsibility reports and return on investment calculations. The allocation of resources within the company and the segment managers' bonuses are based in part on the results shown in these reports. Recently, the company was the victim of a computer virus that deleted portions of the company's accounting records. This was discovered when the current period's responsibility reports were being prepared. The printout of the actual operating results appeared as follows. Determine the missing pieces of information below. Planes Taxis Limos Service revenue $503,900 Variable costs 5,490,700 302,200 Contribution margin 248,200 438,870 Controllable fixed costs 1,495,600 80,000 196,170 Controllable margin 24,972,400 1,509,000 Average operating assets 15 % 89 Return on investment