a.
Introduction:
To calculate: Controllable margin and Return on Investments for 2020.
2.
Introduction: Return on Investment represents the formula used by the management in determining the profitability percentage generated by the activity in which a particular amount of investment is made. It is computed by dividing the controllable margin by the average operating assets.
To calculate: Controllable margin and expected Return on Investments (ROI) for 2021
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Chapter 25 Solutions
ACCOUNTING PRINCIPLES-W/WILEYPLUS
- Accurate answerarrow_forwardOpereting cash flow if the tax rate in 34 percent?arrow_forwardManufacturing overhead is applied based on budgeted direct labor hours. The direct labor budget indicates that 6,200 direct labor hours will be required during the year. The variable overhead rate is $4.10 per direct labor hour. The company's budgeted fixed manufacturing overhead is $92,500 per year, which includes depreciation of $18,400. All other fixed manufacturing overhead costs represent current cash flows. The predetermined overhead rate would be_.helparrow_forward
- Financial Reporting, Financial Statement Analysis...FinanceISBN:9781285190907Author:James M. Wahlen, Stephen P. Baginski, Mark BradshawPublisher:Cengage LearningCornerstones of Cost Management (Cornerstones Ser...AccountingISBN:9781305970663Author:Don R. Hansen, Maryanne M. MowenPublisher:Cengage LearningManagerial AccountingAccountingISBN:9781337912020Author:Carl Warren, Ph.d. Cma William B. TaylerPublisher:South-Western College Pub
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