Assuming that the standard fixed overhead rate is based on full capacity, the cost of available but unused productive capacity is indicated by the direct labor rate variance variable factory overhead controllable variance direct labor time variance fixed factory overhead volume variance D Question 45 5 pts If the profit margin is 6%, and the investment turnover is 1.2. What is the return on investment? 6.7% 7.2% 20% 7.3% 5 pts U Question 42 variance If the price paid per unit differs from the standard price per unit for direct materials, the variance is a . variable controllable volume price Question 43 5 pts Which of the following is related to long lead times? large inventories long setup times all of these choices . large batch sizes Question 40 Jones Co. sells a product called Champion and has predicted the following sales for the first four months of the current year. January 1.700 February 1,900 March 2,100 April 1,600 Sales in units Ending inventory for each month should be 20% of next month's sales. The number of units produced in February should be 1,850 units O 1.940 units 1,900 units O 1,800 units Question 41 5 pts Investment centers differ from profit centers in that they are responsible for net income only are able to invest in assets are only responsible for revenues have less responsibilities than cost centers and profit centers