Investment Center Sales Net income Average invested assets Profit margin Investment turnover Return on investment Profit Margin: Investment Center A B Investment Turnover: Investment Center A B Use the information in the table above to compute each department's contribution to overhead (both in dollars and as a percent). (Round your final answers to 2 decimal places.) Investment Center Return on investment: A B A $ $ 584,600 $1,580,000 ? 1 10% ? 7% Choose Numerator: 1 Choose Denominator: 1 B $12,200,000 1 $ $ Choose Numerator: 1 Choose Denominator: ? ? 7% 1.3 13% Choose Numerator: 1 Choose Denominator: = Investment Turnover = Investment turnover = Profit Margin = Profit margin 10.00 % % 1.30 Return on investment = Return on investment % 13.00 %

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter9: Responsibility Accounting And Decentralization
Section: Chapter Questions
Problem 13MC: A responsibility center structure that considers investments made by the operating segments by using...
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Investment Center
Sales.
Net income
Average invested assets
Profit margin
Investment turnover
Return on investment
Profit Margin:
Investment
Center
A
B
Investment Turnover:
Investment
Center
A
B
Choose Numerator:
Investment
Center
Use the information in the table above to compute each department's contribution to overhead (both in dollars and as a percent).
(Round your final answers to 2 decimal places.)
Return on investment:
A
B
Choose Numerator:
Choose Numerator:
1
A
1
$
$ 584,600
$1,580,000
?
1
10%
?
?%
B
$12,200,000
$
$
1 Choose Denominator:
Choose Denominator:
1 Choose Denominator:
?
?
?%
1.3
13%
=
Profit Margin
Profit margin
10.00 %
%
= Investment Turnover
= Investment turnover
1.30
Return on
investment
= Return on investment
%
13.00 %
Transcribed Image Text:Investment Center Sales. Net income Average invested assets Profit margin Investment turnover Return on investment Profit Margin: Investment Center A B Investment Turnover: Investment Center A B Choose Numerator: Investment Center Use the information in the table above to compute each department's contribution to overhead (both in dollars and as a percent). (Round your final answers to 2 decimal places.) Return on investment: A B Choose Numerator: Choose Numerator: 1 A 1 $ $ 584,600 $1,580,000 ? 1 10% ? ?% B $12,200,000 $ $ 1 Choose Denominator: Choose Denominator: 1 Choose Denominator: ? ? ?% 1.3 13% = Profit Margin Profit margin 10.00 % % = Investment Turnover = Investment turnover 1.30 Return on investment = Return on investment % 13.00 %
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ISBN:
9781947172609
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OpenStax
Publisher:
OpenStax College