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Given below is an excerpt from a management performance report:
Budget

Actual

Difference
Contribution margin
$20,000 U
Controllable fixed costs
$220,000
$20,000 U

$600,000

$580,000

$200,000

The manager's overall performance
Question 15
Bogey Co. recorded operating data for its Cheap division for the year.
Bogey requires its return to be 10%.
Sales
Controllable margin
Total average assets
Fixed costs

$ 1,400,000
160,000
4,000,000
100,000

What is the ROI for the year?
Question 16
A measure frequently used to evaluate the performance of the
manager of an investment center is
Question 17
What is the goal of residual income?
Question 18
Which of the following would not be considered an aspect of
budgetary control?
Question 19
All of the following statements are correct about management by
exception except it