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13. Katen Industries makes three products that uses a special alloy called floronium, a constrained resource. Data concerning those products appear below: Thingies Gizmos Doodads

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13. Katen Industries makes three products that uses a special alloy called floronium, a constrained resource. Data concerning those products appear below: Thingies Gizmos Doodads Selling price per unit $ 497.20 $ 226.80 $ 257.56 Variable cost per unit $ 185.26 $ 135.82 $ 119.43 Pounds of floronium 7.50 3.70 4.10 Rank the products from the most profitable to the least profitable use of the constrained resource. In other words, rank the products in the order in which they should be emphasized. Doodads, Gizmos, Thingies b. Thingies, Doodads, Gizmos . Thingies, Gizmos, Doodads, d. Doodads, Thingies, Gizmos 14. Which of the following measures of performance encourages continued expansion by an investment center so long as it is able to earn a return in excess of the minimum required return on average operating assets?' a. return on investment b. transfer pricing C. residual income d. the contribution approach 15. Piper Corporation's standards call for 1,000 direct labor-hours to produce 250 units of product. During October the company worked 1,250 direct labor-hours and produced 300 units. The standard hours allowed for October would be: 1,250 hours b. 1,200 hours C. 1,000 hours d. 1,300 hours

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