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Current Attempt in Progress Oriole Companyrecorded operating data for its shoe division for the year. The company's desired return is 5%. Sales Contribution margin $10080000 360000 Total direct fixed costs 190000 Average total operating assets 440000 What is the controllable margin for the year? O $95000 O 4% O 82% O $170000 eTextbook and Media Save for Later Attempts: 0 of 1 used Submit Answer

Current Attempt in Progress Oriole Companyrecorded operating data for its shoe division for the year. The company's desired return is 5%. Sales Contribution margin $10080000 360000 Total direct fixed costs 190000 Average total operating assets 440000 What is the controllable margin for the year? O $95000 O 4% O 82% O $170000 eTextbook and Media Save for Later Attempts: 0 of 1 used Submit Answer

FINANCIAL ACCOUNTING
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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Current Attempt in Progress Oriole Companyrecorded operating data for its shoe division for the year. The company's desired return is 5%. Sales Contribution margin $10080000 360000 Total direct fixed costs 190000 Average total operating assets 440000 What is the controllable margin for the year? O $95000 O 4% O 82% O $170000 eTextbook and Media Save for Later Attempts: 0 of 1 used Submit Answer
Transcribed Image Text:Current Attempt in Progress Oriole Companyrecorded operating data for its shoe division for the year. The company's desired return is 5%. Sales Contribution margin $10080000 360000 Total direct fixed costs 190000 Average total operating assets 440000 What is the controllable margin for the year? O $95000 O 4% O 82% O $170000 eTextbook and Media Save for Later Attempts: 0 of 1 used Submit Answer
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