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4 years ago

Pippen Co. recorded operating data for its shoe division for the year. The company's desired return is 5%.

Business

1 answer:

Alexeev081 [22]4 years ago

8 0

Answer:

Option (a) is correct.

Explanation:

Given that,

Sales = $1,000,000

Contribution margin = 200,000

Total direct fixed costs = 120,000

Average total operating assets = 400,000

Controllable margin for the year:

= Contribution margin - Controllable fixed cost

= $200,000 - $120,000

= $80,000

Therefore, the controllable margin for the year is $80,000.

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3 years ago

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3 years ago

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2 years ago