USKimmel, Accounting, 6e Practice Assignment Gradebook ORION Downloadable eTextb

Question

USKimmel, Accounting, 6e Practice Assignment Gradebook ORION Downloadable eTextbook ssignment MER Multiple Choice Question 90 Crane Company recorded operating data for its shoe division for the year. Sales Contribution margin Controllable fixed costs Average total operating assets 920000 $1800000 460000 180000 How much is controllable margin for the year? 26% $460000 50% $280000 Click if you would like to Show Work for this question: Open Show Work Polia e2000-2012Johnwiler&Sons.; Inc: All Rights Reserved. A Division of John Wiley & Sons Inc l

Explanation / Answer

Controllable margin=Contribution margin-Controllable fixed costs

=(460,000-180,000)

which is equal to

=$280,000

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