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The Panamerican Transportation Company uses a responsibility reporting system to

ID: 2354755 • Letter: T

Question

The Panamerican 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 appeared as follows. Instructions Determine the missing pieces of information below. (Round answers to 0 decimal places, e.g. 125.) Planes Taxis Limos Service revenue $ ? $500,000 $ ? Variable costs $5,491,300 $ ? $ 315,700 Contribution margin $ ? 204,900 $ 504,624 Controllable fixed costs $1,502,700 ? $ ? Controllable margin $ ? $83,600 $259,824 Average operating assets $25,026,900 $ ? $1,623,900 Return on investment 13% 9% ? % Click here if you would like to Show Work for this question Find the missing amounts where the question marks are thanks!

Explanation / Answer

You must put a proper Table or Picture so one can see where is blanks and those question marks what do they mean. From above, One cant figure out what data is missing...Pl repost.

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