1. The budgeted production of Taurus Inc. is 16,000 units per month. Each unit requires 80 minutes of direct labor to complete. The direct labor rate is $200 per hour. Calculate the budgeted cost of direct labor for the month.

2. Jason Inc. has a division that manufactures a widget that sells for $300 and has a variable cost of $90. Another division of the company wants to purchase the component. Fixed cost per unit of component is $50. What is the minimum transfer price if the division is operating below its capacity?

3.

Carl Boyd Company, a manufacturer of Mints, provides the following financial information:

	Peppermint Division	Wintergreen
Operating income	$70,000	$80,000
Net sales	$400,000	$150,000
Total assets at Jan 1	$280,000	$355,000
Total assets at Dec 31	$410,000	$235,000

Calculate the return on investment (ROI) for the each division.

Please show how you got each answer. Thank you so much!