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For the year ending December 31, 2022, Coronado Company accumulates the following data for the...

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Accounting

For the year ending December 31, 2022, Coronado Company accumulates the following data for the Plastics Division, which it operates as an investment center: contribution margin-$716,020 budget, $724,336 actual; controllable fixed costs- $301,900 budget, $304,300 actual. Average operating assets for the year were $1,972,000. Prepare a responsibility report for the Plastics Division beginning with contribution margin for the year ending December 31, 2022. (Round ROI to 1 decimal place, e.g. 1.5%.) eTextbook and Media Save for Later $ $ Budget % $ $ CORONADO COMPANY Plastics Division Responsibility Report Actual % $ Attempts: 0 of 5 used Submit Answer
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For the year ending December 31,2022, Coronado Company accumulates the following data for the Plastics Division, which it operates as an investment center: contribution margin $716,020 budget, $724,336 actuak, controllable fixed costs$301,900 budget, $304,300 actual. Average operating assets for the year were $1,972,000. Prepare a responsibility report for the Plastics Division beginning with contribution margin for the year ending December 31, 2022. (Round ROI to 1 decimal place, es 1.5% )

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