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The service division of Riverbed Industries reported the following results for 2022. Sales ...

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Accounting

The service division of Riverbed Industries reported the following results for 2022.
Sales
$530,000
Variable costs
318,000
Controllable fixed costs
66,250
Average operating assets
662,500
Management is considering the following independent courses of action in 2023 in order to maximize the return on investment for this division.
Reduce average operating assets by $132,500, with no change in controllable margin.
Increase sales $106,000, with no change in the contribution margin percentage.
(a)
Compute the controllable margin and the return on investment for 2022.
Controllable margin
$
Return on investment for 2022%
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