Business
Business, 19.08.2021 23:50, dzepeda061

The service division of Raney Industries reported the following results for 2020. Sales $543,000 Variable costs 325,800 Controllable fixed costs 103,800 Average operating assets 630,000 Management is considering the following independent courses of action in 2021 in order to maximize the return on investment for this division. 1. Reduce average operating assets by $210,000, with no change in controllable margin. 2. Increase sales $151,200, with no change in the contribution margin percentage.

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The service division of Raney Industries reported the following results for 2020. Sales $543,000 Var...

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