Question: Pippen Co. recorded operating data for its shoe division for the year. The company's desired return is 5%. Sales $1,000,000 Contribution margin 200,000 Total direct

Pippen Co. recorded operating data for its shoe division for the year. The company's desired return is 5%.

Sales $1,000,000
Contribution margin 200,000
Total direct fixed costs 120,000
Average total operating assets 400,000

Which one of the following reflects the controllable margin for the year?

$80,000

$60,000

20%

50%

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