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Dynamic Corporation provides the following financial information: Minimum acceptable operating income $520,000 Average total assets $2,000,000 Operating income $705,000 Return on investment 35% Net sales

Dynamic Corporation provides the following financial information: Minimum acceptable operating income $520,000 Average total assets $2,000,000 Operating income $705,000 Return on investment 35% Net sales $825,000 Calculate the residual income of Dynamic Corporation. A. $1,480,000 B. $305,000 C. $185,000 D. $6,521,250

Titanium, Inc. reports the following information for April:

Alpha

Beta

Units sold

3,000 units

750 units

Sales price per unit

$350

$600

Variable manufacturing cost per unit

200

500

Sales commission per unit:

Alpha: 8% of sales price

28

Beta: 6% of sales price

36

What is the contribution margin ratio of Beta? (Round your answer to two decimal places.)

A.

16.67%

B.

42.86%

C.

10.67%

D.

6.00%

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