Business, 31.12.2019 03:31 bapehoodboi

Pippen co. recorded operating data for its shoe division for the year. the company's desired return is 5%.

sales $1,000,000
contribution margin 200,000
total direct fixed costs 120,000
average total operating assets 400,000

which one of the following reflects the controllable margin for the year?

a)$80,000

b)$60,000

c)20%

d)50%

Answers: 3

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Pippen co. recorded operating data for its shoe division for the year. the company's desired return...