Assume you are the management accountant for the Foleo Group, and nine months ago you helped Tracey Chen introduce a performance measurement system across the organisation based on ROI as the sole measure. Tracey has now asked you to assist her in assessing the effectiveness of the new system since its introduction for each of the business units and H.O. Departments. To begin the process, Tracy asks you to analyse the Foleo Head Office I.T. Department, and she is quietly confident that performance has improved, considering the bonus payments across the business unit have been paid out each month since the system was implemented. You collect the data you need for your analysis of the performance of the I.T. Department for the last nine months, compared with the same period last year, and compile it on the document below. Foleo H.O. l. T. Department's Comparison Performance Report for 9 months:e 1. T. DEPARTMENTO Sales Revenue: Variable Costs CONTRIBUTION MARGIN OF FOLEO DEPT Less: Controllable Fixed Expenses PROFIT MARGIN CONTROLLABLE BY FOLEO DEPT Less: Less: Traceable Fixed Expenses PROFIT MARGIN TRACEABLE TO FOLEO DEPT Common Fixed Expensese NET PROFIT BEFORE TAX Last 9 month $850, oooe $565,2500 $284,7500 $55,4000 $229,3500 $95,oooe $134,3500 $20,oooe $114,350e Same period last yeare $875,oooe $516,2500 $358, 7500 $55,0270 $303,7230 $93,5000 $210,2230 $20,oooe $190,223 Extract from Foleo l. T. Department's Balance Sheet Comparison. 1. T. DEPARTMENTO Curren Same period last yea Assets. Current Assetse Fixed Assets TOTAL ASSETS Liabilities. Current Liabilitiese Long term Liabilitiese TOTAL LIABILITIES REQUIRED RA TE OF RETURN:e $650,oooe $905,oooe $1,555, oooe $700,oooe 25.oow $450,oooe $720,oooe