Presented below is selected financial information for two divisions of Samberg Brewing. Supply the missing...
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Accounting
Presented below is selected financial information for two divisions of Samberg Brewing. Supply the missing information for the lettered items. (Round minimum rate of return and ROI to 1 decimal place, e.g. 10.5% and round average operating assets to 0 decimal places e.g. 58,971.)
| Lager | Lite Lager | |||||||
| Contribution margin | $499,200 | $300,400 | ||||||
| Controllable margin | 200,300 |
| (c) | |||||
| Average operating assets | $ | (a) | $1,200,900 | |||||
| Minimum rate of return |
| % | (b) | 15 | % | |||
| Return on investment | 22 | % |
| % | (d) | |||
| Residual income | $99,000 | $204,000 | ||||||
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