12. Katsu Inc. has a small car division that operates as a profit center. Below is a partially completed responsibility roport for the first quarter Rosponsibility Report Flexible Flexibl Actual Dudgot Dudaot Variance UIF Percentage Variance UF Sales Revenue Variable Expenses Contribution Margin Traceable Fixed Expenses 372,000 309,000 S688,000 3700,000 309,000 322,000 79,000 376,000 16. Worldwide L the fol $1.550,000 $14.500,000 $2.000,000 3030% ing income Division Margin $7,000 $9,000 Net sales Compute the percentage variance for the flexible budget variance for sales revenuo. (Round your answer to two desimal places.) A. 1.71% F B, 4.04% F C. 4.04% U D. 1.71% U 13.A high rate of amplayee turnaver indicates that A. cmolaxees of the organizatioe leave their jobs frequenly B. pax packages of employces are at par with that of the industry C. ibs emplayee ratention ratio is also high D. omaloyces also participate in the decision-making process 14. The payroll departmont of a manufacturing company is most ikely to be an). rage total assets Management's target rate of returrn What is the company's residual income? A. $600,000 B. S450,000 C. 1,535.000 D. $950,000 17. Guardian Corporation has two major divisianslong dash- Healthcare Products and Pharmaceutical Products. It s the following information for the year B. cost center C. pcofit center D. isxnstaast center Healthcare Division Pharmaceutical Division Net sales Operating income $160,000 $46.400 $330.000 1313.0% $1,250,000 $218.000 $5,660,000 14140% 15. Sousa Corperation provides the fellowing financial information Average assets Target rate of return Calculate the residual income for the Healthcare Division. A. $46.400 B. S3,500 C. $25,600 D. $113,600 18. The best measure for evaluating the effectiveness of a manger in an investment center would be A. succes in controlling costs B. residual income measures C. cuutreat ratio measures D. success in meeting budgeted revenues 3520,000 S2,530,000 $708,000 2028% $850,000 acceptable total assets Rotum on investment Net sales Caleulato the residual income of Sousa Corporason A $330,000 D. $183,000 C. $520,103 D. $2.010.000