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Chrome File Edit View History Bookmarks People Window Help 50% Fri 11:56AM-a Fri 11:56 AM 50% E . / L WileyPLUS e what Is The Correct x G Marigold Corp. budg b preparing the mast × G Sheridan Company h × G Sheridan Company hx × ce secure https://edugen.wileyplus.com/edugen/student/mainfr.uni WleyPLUS: MywleyPLUS I Help I Contact Us I Log Out Kimmel, Accounting, 6e INTRODUCTORY ACCOUNTING 1/ (ACT 221/ 222) Home Read, Study & Practice Assignment Gradebook ORION Downloadable eTextbook Assignment > Open Assignment TIMER CALCULATOR FULL SCREEN PRINTER VERSION BACK ASSIGNMENT RESOURCES Multiple Choice Question 122 Ch22 Calculation El Multiole Choice Question 78 xYour answer is incorrect. Try again. Multiple Choice Multiplechoice Multiple Choice Multiple Choice Sheidan Company had average operating assets of $4800000 and sales of $2000000 in 2016. If the controllable margin was $1200000, the ROI was 17% o 42% 60% 25% 8 AM Question 74 Multiple Choice estion 75 Multiple Choic estion 12 Click if you would like to Show Work for this question: Open Show Work 6 AM Multiple choice Multiple Choice Question 76 Question Attempts: 1 of 2 used SAVE FOR LATER SUBMIT ANSWER Review Results by Study 307 17

Explanation / Answer

1.

2. Flexible budget for total manufacturing costs = $50,000 + ($12*$20,000) = $290,000

ROI = Margin / Average Operating Assets $1,200,000 / $4,800,000 = 25%

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