Sheridan Company had the following operating data for the year for its computer division: sales, $700000; contribution margin, $171000; total fixed costs (controllable), $119000; and average total operating assets, $300000. What is the controllable margin for the year? O $171000. O 57%. O $52000.

Sheridan Company had the following operating data for the year for its computer division: sales, $700000; contribution margin, $171000; total fixed costs (controllable), $119000; and average total operating assets, $300000. What is the controllable margin for the year? O $171000. O 57%. O $52000.

FINANCIAL ACCOUNTING

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Chapter1: Financial Statements And Business Decisions

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Question

Sheridan Company had the following operating data for the year for its computer division: sales, $700000; contribution margin,
$171000; total fixed costs (controllable), $119000; and average total operating assets, $300000. What is the controllable margin for
the year?
O $171000.
O 57%.
O $52000.
O 17.3%.

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