Assume the Hiking Shoes division of the Al About Shoes Corporation had the following results last year in thousands). Managements are rate of retumis 25% and the weighted average cost of capital is to its effective tax rate is 49% Sales 56.000.000 Operating income 2.700.000 Total assets 1,500,000 Current liabides 780,000 What is the division's Residual income (RI? OA $2,650,000 OB 22.325,000 OG 1930.000 OD 12.400.000 Oliver Enterprises has collected the following data for one of its products: Direct materials standard (2 pounds per unit @ $0.49/1b.) Direct materials flexible budget variance - unfavorable Actual Direct Materials Used (AQU) Actual finished goods produced What is the actual cost of the Direct Materials Used (AQU) per pound? $0.98 per finished good $12,000 32,000 pounds 28,000 units A $0.86 OB. $1.41 OC $0.49 OD. $1.23