Pippen Co Recorded Operating Data for Its Shoe Division for the the Year

Multiple Choice

Pippen Co. recorded operating data for its shoe division for the year. The company's desired return is 5%. $$\begin{array} { l r } \text { Sales } & \$ 1,000,000 \\\text { Contribution margin } & 200,000 \\\text { Total direct fixed costs } & 120,000 \\\text { Average total operating assets } & 400,000\end{array}$$ Which one of the following reflects the controllable margin for the year?

A) 20%
B) 50%
C) $60000
D) $80000