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1. Speedo Companys revenues are $300 on invested capital of $240. Expenses are currently 70% of sales. If Angelo Company can reduce its invested capital

1. Speedo Companys revenues are $300 on invested capital of $240. Expenses are currently 70% of sales. If Angelo Company can reduce its invested capital by 20%, return on investment will be _____. 2. Jewel Companys revenues are $300 and invested capital is $240. Expenses are currently 60% of sales. Jewel Companys current return on investment is _____. 3. _____ is (are) the most basic component of a management control system. 4. _____ is the logical integration of management accounting tools to gather and report data and to evaluate performance. 5.factory overhead appears on the absorption-costing income statement as_____. 6. Absorption costing assigns _____ to the product. 7. In absorption costing, costs are separated into the major categories of_____. 8. Cost allocation base refers to the _____. 9. The preferred guidelines for allocating service department costs include _____. 10._____ are components of a master budget

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