1. Gierlach Beet Processors, Inc., processes sugar beets in batches. A batch of sugar beets costs $56 to buy from farmers and $18 to crush in the company's plant. Two intermediate products, beet fiber and beet juice, emerge from the crushing process. The beet fiber can be sold as is for $32 or processed further for $24 to make the end product industrial fiber that is sold for $44. The beet juice can be sold as is for $52 or processed further for $32 to make the end product refined sugar that is sold for $78. How much more profit (loss) does the company make by processing the intermediate product beet juice into refined sugar rather than selling it as is?

$(12)

$(6)

$(39)

$(60)

3. Chabot Company had the following results last year: net operating income, $4,810; turnover, 4; and ROI 13%. Chabot Company's average operating assets were:

$37,000

$1,563,250

$19,240

$1,924,000

10.

Gilpatric Corporation produces and sells two products. In the most recent month, Product Q71M had sales of $33,000 and variable expenses of $8,840. Product V04P had sales of $54,000 and variable expenses of $32,050. The fixed expenses of the entire company were $36,130.

The break-even point for the entire company is closest to: (Round your intermediate calculations to 2 decimal places and final answers to the nearest dollar amount.)

$36,130

$41,099

$87,000

$68,170

11,

Larance Detailing's cost formula for its materials and supplies is $2,030 per month plus $8 per vehicle. For the month of November, the company planned for activity of 98 vehicles, but the actual level of activity was 58 vehicles. The actual materials and supplies for the month was $2,760.

The spending variance for materials and supplies in November would be closest to:

$266 U

$266 F

$54 F

$54 U