Question:

Current Attempt in Progress The Ferrell Transportation

Last updated: 4/1/2023

Current Attempt in Progress The Ferrell Transportation

Current Attempt in Progress The Ferrell 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 Determine the missing pieces of information below Service revenue Variable costs Contribution margin Controllable fixed costs Controllable margin erage operating assets Return on investment S eTextbook and Media Planes 5 501 500 1 498 700 24 979 100 11 96 Taxis 504 800 252 800 82 000 10 S Limos 302 500 491 142 253 742 1 492 600 S