Performance measures LO A1, A2 Investment center Department A Department B B Sales $ ? $12,200,000 Net Income $584,600 $ ? Average invested assets $1,580,000 $ ? Profit margin 10% ? % Investment turnover ? 1.3 Return on investment ? % 13% 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 Choose Numerator/ Choose Denominator = Profit Margin Percent (A & B). Choose Numerator/Choose Denominator = Investment Turnover (A & B). Choose Numerator/Choose Denominator = Return on Investment (A & B).
QS 24-11 Performance measures LO A1, A2
Investment center Department A Department B B
Sales $ ? $12,200,000
Net Income $584,600 $ ?
Average invested assets $1,580,000 $ ?
Profit margin 10% ? %
Investment turnover ? 1.3
Use the information in the table above to compute each department's contribution to
Investment center Choose Numerator/ Choose Denominator = Profit Margin Percent (A & B).
Choose Numerator/Choose Denominator = Investment Turnover (A & B).
Choose Numerator/Choose Denominator = Return on Investment (A & B).
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