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17 (6 points) Listen + Pacifica Corporation had $875,000 in invested assets, sales of $630,000, income from operations amounting to $69,500 and a desired minimum
17 (6 points) Listen + Pacifica Corporation had $875,000 in invested assets, sales of $630,000, income from operations amounting to $69,500 and a desired minimum rate of return of 7.5%. The profit margin for Pacifica Corporation is: 11.03% 7.94% 9.09% 12.62% Question 18 (6 points) Listen * Consider the following budget information: direct materials to be used or placed in production totals $64,750; direct labor totals $198,400; and factory overhead totals $394,800. Assume the expected work in process inventory on January 1, 2023, was $389,100; and the desired work in progress inventory on December 31, 2023, is $398,600. What is the budgeted cost of goods manufactured? $398,600 $1,445,650 $648,450 $657,950
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