Question: In a variable-costing format income statement, variable selling and administrative expenses are Group of answer choices treated the same as fixed selling and administrative expenses.
In a variable-costing format income statement, variable selling and administrative expenses are
Group of answer choices
treated the same as fixed selling and administrative expenses.
used in the computation of operating income but not in the computation of the contribution margin.
not included.
used in the computation of the contribution margin.
he following information pertains to the three divisions of Mystery, Incorporated:
|
| Division A | Division B | Division C |
| Sales | ? | ? | $1,345,000 |
| Net operating income | $48,000 | $18,000 | $82,000 |
| Average operating assets | $420,000 | ? | ? |
| Return on investment | ? | 15% | 20% |
| Margin | 0.2 | 0.015 | ? |
| Turnover | 2.1 | ? | ? |
| Target ROI | 17% | 14% | 8% |
What are the average operating assets for Division B?
Group of answer choices
$420,000
$410,000
$120,000
$95,000
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