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Do It! Review 22-4 (Part Level Submission) The service division of Raney Industries reported the...

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Do It! Review 22-4 (Part Level Submission) The service division of Raney Industries reported the following results for 2017. Sales Variable costs Controllable fixed costs Average operating assets $567,200 340,320 95,700 609,100 Management is considering the following independent courses of action in 2018 in order to maximize the return on investment for this division. 1. Reduce average operating assets by $127,100, with no change in controllable margin. 2. Increase sales $102,300, with no change in the contribution margin percentage. (a) Your answer is correct. Compute the controllable margin and the return on investment for 2017. (Round ROI to 1 decimal place, e.g. 1.5.) Controllable margin 131180 Return on investment for 2017 21.5 % Click if you would like to Show Work for this question: Open Show Work (b) Your answer is partially correct. Try again. Compute the controllable margin and the expected return on investment for each proposed alternative. (Round ROI to 1 decimal place, e.g. 1.5.) Alternative 1 Alternative 2 > The controllable margin 131180 172100 The expected return on investment 34.5 % Click if you would like to Show Work for this question: Open Show Work

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