Cher 11 The information relates to the Upholstery Don Corporation for at $300.000 /Contribution margin $110.000 Net operating Income 565.000 Average operating assets $500.000 Minimum required rate of retum 10% Assume that Upholstery was being evaluated solely on the basis of residual income. Which of the following opportunities would Upholstery want to invest in? Investment Apex generates a return of 12%. Investment Prime generates a return of 17%. Neither Apex nor Prime Prime only Both Apex and Prime O Apex only Previous Question 39 Chapter 9: Which of the following will cause an unfavorable spending variance when comparing the flexible bu 1. Paying a higher price ($) for inputs than expected II. Using too many inputs (#) for the actual level of activity Item II (only) Both items I and II O Neither item I nor II Item 1 (only) Previous