Crane Company recorded operating data for its shoe division for the year as follows: Sales Contribution margin Controllable fixed costs Average total operating assets $12960000 540000 170000 1080000 What is the controllable margin for the year?

Crane Company recorded operating data for its shoe division for the year as follows: Sales Contribution margin Controllable fixed costs Average total operating assets $12960000 540000 170000 1080000 What is the controllable margin for the year?

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter6: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 9E: Contribution margin ratio Young Company budgets sales of 112,900,000, fixed costs of 25,000,000, and...

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Question

Crane Company recorded operating data for its shoe division for the year as follows:
Sales
Contribution margin
Controllable fixed costs
Average total operating
assets
$12960000
O $540000
O $370000
O 24%
50%
540000
170000
1080000
What is the controllable margin for the year?

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