25Sheffield Corp. is evaluating its Piquette division, an investment center. The division has a $60000 controllable margin and $420000 of sales. How much will Sheffields average operating assets be when its return on investment is 10%?

$420000

$360000

32The balanced scorecard

is based solely on nonfinancial measures.

does not use financial or nonfinancial measures.

incorporates financial and nonfinancial measures in an integrated system.

is based solely on financial measures.

33In Marigold Corp.s income statement, they report gross profit of $61000 at standard and the following variances:

Materials price	$ 420 F
Materials quantity	600 F
Labor price	420 U
Labor quantity	1000 F
Overhead	900 F

Marigoldwould report actual gross profit of

$58500.

$57660.

$63500.

$64340.

$600000

$660000