1.2.

Which of the following is true? Multiple Choice Turnover = Sales = (Average operating assets * Minimum required rate of return) Margin = Net operating income = (Average operating assets * Minimum required rate of return) Margin = Net operating income - Sales Turnover = Average operating assets + Sales Assume a company has only one service department and two operating departments (A and B). The service department's budgeted and actual fixed costs for the period were $100,000 and $110,000, respectively. The peak-period units of service and actual units of service for the operating departments were as follows: Department A Department B Total Peak-Period Actual Units of Units of Service Service 20,000 18,000 30,000 28,000 50,000 46,000 How much of the service department's fixed costs should be charged to Department A