Do All parts otherwise I will give you downvote Time remaining: 01:55:306. Power Manufacturing recorded operating data for its shoe division for the year.SalesContribution marginControllable fixed costsAverage total operating assets$1,500,000300,000180,000600,000How much is controllable margin for the year?a.20%b.50%c.$300,000$120,000d.7. Las Sendas, Inc. had average operating assets of $4,000,000 and sales of $2,000,000 in 2016. Ifthe controllable margin was $600,000, the ROI wasa.b.50%c.30%d.15%8. Erickson, Inc. makes student book bags that sell for $20 each. For the coming year,$15 per unit.Compute margin of safety ratio assuming actual sales are $1,200,000.a.25%b.33%C.60%d.75%9. Pippen Co. recorded operating data for its shoe division for the year. The company's desiredreturn is 5%.Sales$1,000,000200,000Contribution marginTotal direct fixed costs120,000Average total operating assets400,000Which one of the following reflects the controllable margin for the year?a.20%b.50%C.$60,000d.$80,00010. In the Dichter Co., indirect labor is budgeted for $72,000 and factory supervision is budgetedfor $24,000 at normal capacity of 160,000 direct labor hours. If 180,000 direct labor hours areworked, flexible budget total for these costs isa.$96,000.b.$108,000.C.$105,000.d.$99,000.GOOD LUCKASAL DRES1.30pmART 1:Web

Note: As per our guidelines, only the first question should be answered. 6. Controllable margin =…

6 Power Manufacturing recorded operating data for its shoe division for the year. Sales Contribution margin Controllable fixed costs $1,500,000 300,000 Average total operating assets 180,000 600,000 How much is controllable margin for the year? a. 20% b. 50% e. $300,000 d. $120,000 $2,000,000 in 22

6 Power Manufacturing recorded operating data for its shoe division for the year. Sales Contribution margin Controllable fixed costs $1,500,000 300,000 Average total operating assets 180,000 600,000 How much is controllable margin for the year? a. 20% b. 50% e. $300,000 d. $120,000 $2,000,000 in 22

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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