23) Golden State Manufacturing recorded operating data for its shoe division for the year. ...
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Accounting
23) Golden State Manufacturing recorded operating data for its shoe division for the year.
Sales $2,500,000
Contribution margin 450,000
Controllable fixed costs 280,000
Average total operating assets 1,600,000
How much is controllable margin for the year?
$2,500,000
$170,000
10.6%
$450,000
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