18) The base ohjective of th e B) Falls 19) A manufacturing company that produces a single product has proved the following user most recent month of operations: s Selling price Units in beginning inventory Unitsin ending inventory Variable costs per unit: Direct materials Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expertise $ $ 298,700 12,00 What is the total period cost for the month under variable costing? A) $298,700 B) 5526,400 C) 5427 400 D) 5227,700 20) Dacker Products is a division of a major corporation. The following data are for the most recent year of operations: Sales Net operating income Average operating assets The company's minimum required rate of retum $ 38,450.000 SO 900 $ 10.000.000 The division's residual income is closest to: A) $2,308,960 B) S.SOR 960 C) $2,408,960 D) 55,208.960 Corbel Corporation has two divisions: Division A and Division B. Last month, the company reported a contribution margin of $40,000 for Division A. Division B had a contribution margin ratio of 30 and its sales were $257,000. Net operating income for the company was $36,100 and traccable fixed expenses were $59.900. Corbel Corporation's common fixed expenses were A) $80,800 B) 520,900 C) $117,100 D) 559,900 18) The basic objective of responsibility accounting is to charge each manager with those costs and/or revenues over which he has control A) True B) False 19) A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: 163 100 10,300 9900 500 Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense 45 15 10 $ $ 298,700 128,700 What is the total period cost for the month under variable costing? C) $427,400 D) $227,700 B) S526,400 A) S298,700 20) Dacker Products is a division of a major corporation. The following data are for the most recent year of operations: $ $ $ 38,480,000 3.808,960 10,000,000 Sales Net operating income Average operating assets The company's minimum required rate of return C) $2,408,960 D) $5,208,960 The division's residual income is closest to: B) $3,808,960 A) $2,308,960 21) Corbel Corporation has two divisions: Division A and Division B. Last month, the company reported a $40,000 for Division A. Division B had a contribution margin ratio of 30% and contribution margin of $36,300 and traceable fixed its sales were $257,000. Net operating income for the company was D) $59,900 expenses were $59.900. Corbel Corporation's common fixed expenses were: A) $80.800 B) $20,900 C) $117,100