2. Arthur Roofing’s budgeted manufacturing costs for 50,000 squares of shingles are:
Fixed Manufacturing costs $30,000
Variable Manufacturing costs $20,000 per square
Arthur produced 45,000 squares of shingles during March. How much are budgeted total manufacturing costs in March?
9. An investment center generated a controllable margin of $300,000 and sales of $2,000,000. The center’s average operating assets were $800,000. How much is the return on investment?
8. Hilbert Company recorded operating data for its shoe division for the year. The company’s desired return 5%.
Sales $1,000,000
Contribution margin 200,000
Total direct fixed costs 120,000
Average total operating assets 400,000
What is the controllable a margin for the year?
