MANAGERIAL ACCOUNTING HANDOUT PROBLEMS Seore Name Section Problem (10 points) South Carolina Corporation has three divisions. Information relating to the past year's performance and financial position is provided below. SOUTH CAROLINA CORPORATION DATA FOR COMPANY DIVISIONS PERFORMANCE FOR THE CURRENT YEAR Blue Division Green Division Red Division Sales S 600,000 320,000 $ 450,000 Variable Costs 360,000 220,000 270,000 Direct Fixed Costs 140,000 75,000 100,000 Investment in Assets, Beginning 680,000 180,000 365,000 Investment in Assets, Ending 570,000 220,000 435,000 REQUIRED: Calculate each division's return on investment and rank them in order of performance. Use average assets as the investment base in the calculation