Cart company recorded operating data for its shoe division


Question - Cart Company recorded operating data for its shoe division for the year.

Sales $750,000

Contribution margin 150,000

Controllable fixed costs 90,000

Average total operating assets 300,000

How much is controllable margin for the year?

a. 20%

b. 50%

c. $150,000

d. $60,000

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Cart company recorded operating data for its shoe division
Reference No:- TGS02613709

Now Priced at $20 (50% Discount)

Recommended (97%)

Rated (4.9/5)