1. Budgetary Performance forCost Center

Georgia Company's costs were under budget by $19,700. The company is divided into Left and Right regions. The Left Region's costs were under budget by $1,400.

Determine the amount that the Right Region's costs were over or under budget. $_________ over budget/Under budget

2.Service Department Charges

The centralized employee Travel Department of Howard Company has expenses of $102,300. The department has serviced a total of 3,100 travel reservations for the period. The South Division has made 310 reservations during the period, and the West Division has made 2,790 reservations.

How much should each division be charged for travel services? Do not round interim calculations.

South Division $____________

North Division $__________

3.Income from Operations forProfit Center

The centralized computer technology department of Hardy Company has expenses of $320,000. The department has provided a total of 4,000 hours of service for the period. The Retail Division has used 2,750 hours of computer technology service during the period, and the Commercial Division has used 1,250 hours of computer technology service. Additional data for the two divisions is following below:

Retail Division Commercial Division

Sales $2,150,000 $1,200,000

Cost of goods sold 1,300,000 800,000

Selling expenses 150,000 175,000

Determine the divisional income from operations for the Retail Division and the Commercial Division. Do not round interim calculations.

Hardy CompanyDivisional Income from Operations

Retail Division Commercial Division

Sales __________ __________

Cost of goods sold __________ __________

Gross profit __________ __________

Selling expenses __________ _________

Income from operations before __________ __________

service department charges

Service department charges __________ ___________

Income from operations$ __________ __________

4.Profit Margin,Investment Turnover, andROI

Cash Company has income from operations of $38,896, invested assets of $221,000, and sales of $486,200. Use theDuPont formulato compute the return on investment. If required, round your answers to two decimal places.

a.Profit margin __________%

b.Investment turnover __________

c.Return on investment __________%

5.Residual Income

The Consumer Division of Galena Company has income from operations of $105,270 and assets of $319,000. The minimum acceptable return on assets is 11%.

What is the residual income for the division? $__________