How much is the departmental margin for the year

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Reference no: EM13790389

Thomas Company recorded operating data for its shoe division for the year.

Sales.......................$1,500,000

Contribution margin.......300,000

Controllable fixed costs..180,000

Average total operating assets: $600,000

How much is the departmental margin for the year?

a) 20%

b) 50%

c) $300,00

d) $120,000

e) None of the above

Reference no: EM13790389

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