1)Chetek Corp. has an ROI of 15% and a residual income of $10,000. If operating income equals $30,000, what is average invested assets? 2) Bloomer Company has an operating income of $100,000 on revenues of $1,000,000. Average invested assets are $500,000 and Bloomer Company has an 8% cost of capital. What is the investment turnover? 3) Albertville has a direct labor standard of 2 hours per unit of output. Each employee has a standard wage rate of $22.50 per hour. During July, Albertville paid $189,500 to employees for 8,890 hours worked. 4,700 units were produced during July. What would the flexible budget amount for direct labor be?