3. Fixed overhead was budgeted at $200,000, and 25.000 direct labor hours were budgeted the fixed overhead volume variance was $8.000 favorable and the fixed overhead spending variance was $6.000 unfavorable, foed overhead applied must be (Point) 5205.000 5194000 $20.000 $200.000 4. The manager of Stock Division projects the following for next year. Sales $185 000 Operating income $60.000 Operating assets $375,000 The manager can invest in an additional project that would require $40 000 investment in additional assets and would generate $6,000 of additional income. The company's minimum rate of return is 14% What is the residual income for Stock Division without the additional investment? (Point 57.500 $40.000 50.000 56.000 1.200 15. Welker Company is designing an all-in-one grand cooler aimed at sports fans. The company believes that the product can be sold for $180, and it requires a 30% profit on new products What is the target cost of the all-in-one grill and cooler? (1 Point) S17 OOOOO 16. Grey has many divisions that are evaluated on the basis of ROL One division Contra makes bones A cond division, Mantra, makes chocolates and needs 80.000 boxes per you Contra incurs the following costs for one bok Direct materials 3035 Direct labor $0.00 Variable overtad $0.40 Fred overhead 0.13 $1.48 Centra has capacity to make 700,000 boxes per year. Mantra currently buys its boxes from an outside supplier for $1.00 each the same price that contra receives) Assume that Grey inc allows division managers to negotiate transfer price Centras producing 600,000 bones Contra and Mantra agree to transfer box, what is the ceiling of the bargaining range and which division sets it? (Point) OSM Cara Centra O $35. Man 7. Connolly Company produces two types of lamps, classic and fancy, with unit contribution margins of $13 and $21, respectively. Each lamp must spend time on a special machine. Th firm owns four machines that together provide 18,000 hours of machine time per year. The classic lamp requires 0.20 hours of machine time, the fancy lamp requires 0.50 hours of machine time What is the total contribution margin of the optimal mix of classic and fancy lamps (Point) 0 000 $90.000 51280.000 51.000.000 $1.170.000 3. Martin Company uses 625 units of a part each year. The cost of placing one order is $8: the cost of carrying one unit in inventory for a year is $4 What is the EOQ for Martin (1 Point) 100 OOOO 3. Fixed overhead was budgeted at $200,000, and 25.000 direct labor hours were budgeted the fixed overhead volume variance was $8.000 favorable and the fixed overhead spending variance was $6.000 unfavorable, foed overhead applied must be (Point) 5205.000 5194000 $20.000 $200.000 4. The manager of Stock Division projects the following for next year. Sales $185 000 Operating income $60.000 Operating assets $375,000 The manager can invest in an additional project that would require $40 000 investment in additional assets and would generate $6,000 of additional income. The company's minimum rate of return is 14% What is the residual income for Stock Division without the additional investment? (Point 57.500 $40.000 50.000 56.000 1.200 15. Welker Company is designing an all-in-one grand cooler aimed at sports fans. The company believes that the product can be sold for $180, and it requires a 30% profit on new products What is the target cost of the all-in-one grill and cooler? (1 Point) S17 OOOOO 16. Grey has many divisions that are evaluated on the basis of ROL One division Contra makes bones A cond division, Mantra, makes chocolates and needs 80.000 boxes per you Contra incurs the following costs for one bok Direct materials 3035 Direct labor $0.00 Variable overtad $0.40 Fred overhead 0.13 $1.48 Centra has capacity to make 700,000 boxes per year. Mantra currently buys its boxes from an outside supplier for $1.00 each the same price that contra receives) Assume that Grey inc allows division managers to negotiate transfer price Centras producing 600,000 bones Contra and Mantra agree to transfer box, what is the ceiling of the bargaining range and which division sets it? (Point) OSM Cara Centra O $35. Man 7. Connolly Company produces two types of lamps, classic and fancy, with unit contribution margins of $13 and $21, respectively. Each lamp must spend time on a special machine. Th firm owns four machines that together provide 18,000 hours of machine time per year. The classic lamp requires 0.20 hours of machine time, the fancy lamp requires 0.50 hours of machine time What is the total contribution margin of the optimal mix of classic and fancy lamps (Point) 0 000 $90.000 51280.000 51.000.000 $1.170.000 3. Martin Company uses 625 units of a part each year. The cost of placing one order is $8: the cost of carrying one unit in inventory for a year is $4 What is the EOQ for Martin (1 Point) 100 OOOO