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Homework answers / question archive / Hilbert company recorded operating data for its shoe division for the year
Hilbert company recorded operating data for its shoe division for the year. the company's desired return is 5%.
sale $1,000,000
contribution margin. 220,000
total direct fixed costs. 120,000
average total operating assets. 400,000
what is the controllable margin for the year (in dollars)?
Controllable margin= Contribution margin- Controllable fixed cost
= 220000- 120000
= $100000