Power Manufacturing Recorded Operating Data for Its Shoe Division for the Year

question 66

Multiple Choice

Power Manufacturing recorded operating data for its shoe division for the year. $\begin{array}{lr}\text { Sales } & \$ 1,500,000 \\\text { Contribution margin } & 300,000 \\\text { Controllable fixed costs } & 180,000 \\\text { Average total operating assets } & 600,000\end{array}$ How much is controllable margin for the year?

• A)20%
• B)50%
• C)$300,000
• D)$120,000

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Definitions:

Moral Development

The process through which individuals acquire values, behaviors, and thoughts that distinguish right from wrong.

Problem-solving Abilities

The capacity to identify, define, and solve problems through logical and systematic approaches.

Conservation Skills

Conservation skills refer to the ability to understand that certain properties of objects, such as volume or mass, remain the same despite changes in the form or arrangement of the objects.

Piaget

Refers to Jean Piaget, a Swiss psychologist known for his pioneering work in the study of child development and his theory of cognitive development.