Investment Center Sales Net income Average invested assets Profit margin Investment turnover Return on investment Profit Margin: Investment Center A B Investment Turnover: Investment Center A B Use the information in the table above to compute each department's contribution to overhead (both in dollars and as a percent). (Round your final answers to 2 decimal places.) Investment Center Return on investment: A B A $ $ 584,600 $1,580,000 ? 1 10% ? 7% Choose Numerator: 1 Choose Denominator: 1 B $12,200,000 1 $ $ Choose Numerator: 1 Choose Denominator: ? ? 7% 1.3 13% Choose Numerator: 1 Choose Denominator: = Investment Turnover = Investment turnover = Profit Margin = Profit margin 10.00 % % 1.30 Return on investment = Return on investment % 13.00 %
Investment Center Sales Net income Average invested assets Profit margin Investment turnover Return on investment Profit Margin: Investment Center A B Investment Turnover: Investment Center A B Use the information in the table above to compute each department's contribution to overhead (both in dollars and as a percent). (Round your final answers to 2 decimal places.) Investment Center Return on investment: A B A $ $ 584,600 $1,580,000 ? 1 10% ? 7% Choose Numerator: 1 Choose Denominator: 1 B $12,200,000 1 $ $ Choose Numerator: 1 Choose Denominator: ? ? 7% 1.3 13% Choose Numerator: 1 Choose Denominator: = Investment Turnover = Investment turnover = Profit Margin = Profit margin 10.00 % % 1.30 Return on investment = Return on investment % 13.00 %
Chapter9: Responsibility Accounting And Decentralization
Section: Chapter Questions
Problem 13MC: A responsibility center structure that considers investments made by the operating segments by using...
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