Righteous Company recorded operating data for its shoe division for the year. The company's desired return is 5%. P500,000 100,000 60,000 200,000 Sales Contribution margin Total direct fixed costs Average total operating assets

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Which one of the following reflects the controllable margin for the year?

Righteous Company recorded operating data for its shoe division for the year. The company's desired
return is 5%.
Sales
Contribution margin
Total direct fixed costs
P500,000
100,000
60,000
200,000
Average total operating assets
Transcribed Image Text:Righteous Company recorded operating data for its shoe division for the year. The company's desired return is 5%. Sales Contribution margin Total direct fixed costs P500,000 100,000 60,000 200,000 Average total operating assets
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