Recently, the company was the victim of a computer virus that deleted portions of its accounting records. This was discovered when the current period's responsibility reports were being prepared. The printout of the actual operating results appeared as follows: Determine the missing amounts. (Round intermediate calculations and final answers to O decimal places, eg. 1,255) Service revenue $ Variable costs Planes 5,500,300 Contribution margin Controllable fixed 2,003,700 costs Controllable margin Average operating 24,986,400 assets Return on investment Taxis $601,200 $ 203,400 Limos 299,800 437,714 94,000 201,214 14 % 10 % 1,547,800 %
Recently, the company was the victim of a computer virus that deleted portions of its accounting records. This was discovered when the current period's responsibility reports were being prepared. The printout of the actual operating results appeared as follows: Determine the missing amounts. (Round intermediate calculations and final answers to O decimal places, eg. 1,255) Service revenue $ Variable costs Planes 5,500,300 Contribution margin Controllable fixed 2,003,700 costs Controllable margin Average operating 24,986,400 assets Return on investment Taxis $601,200 $ 203,400 Limos 299,800 437,714 94,000 201,214 14 % 10 % 1,547,800 %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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