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:

Training Costs

Expenses associated with the development, delivery, and materials of training programs, including instructor fees, technology, and venue hire.

Mandatory Training Laws

Regulations that require individuals or employees to complete certain training programs as a prerequisite for employment, to maintain professional licenses, or to ensure workplace safety and compliance.

Intrinsic Benefits

Advantages or positive outcomes that are inherent or naturally occurring from an activity, such as personal satisfaction or enjoyment.

Society

A group of individuals involved in persistent social interaction, or a large social group sharing the same geographical or social territory, typically subject to the same political authority and dominant cultural expectations.