Question 34 of 50 - / 8 View Policies Current Attempt in Progress The Bramble Transportation Company uses a responsibili
Posted: Thu Apr 28, 2022 10:29 am
Question 34 of 50 - / 8 View Policies Current Attempt in Progress The Bramble Transportation Company uses a responsibility reporting system to measure the performance of its three investment centers: Planes, Taxis, and Limos. Segment performance is measured using a system of responsibility reports and return on investment calculations. The allocation of resources within the company and the segment managers' bonuses are based in part on the results shown in these reports. Recently, the company was the victim of a computer virus that deleted portions of the company's accounting records. This was discovered when the current period's responsibility reports were being prepared. The printout of the actual operating results, with question marks for missing amounts, appeared as follows. Determine the missing pieces of information below. Planes Taxis Limos Service revenue $ $503.900 $ Variable costs 5,503.600 300,700 Contribution margin 245,300 440,536 Controllable fixed costs 1,501,800 Controllable margin 84.000 197,236 Average operating assets 25,049,300 1,517.200 Return on investment 10 % 12 % %