18 A system of performance measures, including nonfinancial measures, used to assess company and division manager performance is: 01:51:34 Multiple Choice Ask Hurdle rate. Return on investment. Balanced scorecard. Residual income. Investment turnover. X 19 Holo Company reported the following financial numbers for one of its divisions for the year; average assets of $5,800,000; sales of $5,375,000; cost of goods sold of $3,225,000; and operating expenses of $1,146,600. Assume a target income of 15% of average assets. Compute residual income for the division: 01:51:15 Multiple Choice Ask $150,450. $196,750. $150,500. $133,400. $100,300. 20 Marcus Company has two service departments: Office and Purchasing. Total expenses for the Office is $63,000 and for Purchasing is $83,000. Expenses for the Office are allocated to operating departments based on sales. Expenses for Purchasing are allocated to operating departments based on purchase orders. 01:51:02 Department Sales Purchase Orders Books $ 1,072,500 1,677 Magazines Newspapers 429,000 1,170 448,500 1,053 Ask Totals $ 1,950,000 3,900 Expenses allocated from the Purchasing department to the company's Newspaper department are: Multiple Choice $39,420. $17,010. $35,690. $22,410