Question: Sheffield Corp.recorded operating data for its shoe division for the year. The companys desired return is 5%. Sales $1000000 Contribution margin 400000 Total direct fixed

Sheffield Corp.recorded operating data for its shoe division for the year. The companys desired return is 5%.

Sales $1000000
Contribution margin 400000
Total direct fixed costs 120000
Average total operating assets 800000

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

$60000

40%

$280000

50%

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