1. Tanouye Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below:

	Hours
Wait time	12.7
Process time	1.6
Inspection time	0.4
Move time	2.1
Queue time	8.8

The throughput time was:

Multiple Choice

• 4.1 hours

• 12.9 hours

• 25.6 hours

• 21.5 hours

2. The Tipton Division of Dudley Company reported the following data last year:

Return on investment		20	%
Minimum required rate of return		12	%
Residual income	$	50,000

Tipton Division's average operating assets last year were:

Multiple Choice

• $625,000

• $250,000

• $416,677

• $333,333