The Medford Burkett Company uses a responsibility reporting system to measure the performance of its three investmentcenters: Planes, Taxis, and Limos. Segment performance is measured using a system of responsibility reports and return oninvestment calculations. The allocation of resources within the company and the segment managers' bonuses are based in parton the results shown in these reports.Recently, the company was the victim of a computer virus that deleted portions of the company's accounting records. This wasdiscovered when the current period's responsibility reports were being prepared. The printout of the actual operating resultsappeared as follows.3 #EDDetermine the missing pieces of information.Format all dollar amounts with $, commas, and zero decimal places. Format percentages with % and zero decimal places.F3 +CService revenueVariable costsContribution marginControllable fixed costs.Controllable marginAverage operating assetsReturn on InvestmentF44ORF$VF5E5 %TGF6BH6 AF7 çaY$HPlanesO Search7NF8&5,000,00025,000,000U1,500,000JL12%8F9Ba*M-LGF10Taxis9 (KOF11$450,000180,000THE70,000<L10%A-0 )F12 +P>$LimosPrt ScScrLk320,000380,000176,0001,600,000Ins= +1?DelBackspa

Name: The Medford Burkett Company uses a responsibility reporting system to
Uploaded: 2024-03-04T10:43:15.000Z
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Description: The Medford Burkett Company uses a responsibility reporting system to measure the performance of its three investmentcenters: Planes, Taxis, and Limos. Segment performance is measured using a system of responsibility reports and return oninvestment