Edgar, Inc. has a materials quantity standard of 4 pounds per finished unit and a material price standard of $8.50 per pound. 228,000 pounds of materials were purchased and used in producing 56,000 units. Edgar, Inc.'s direct material quantity variance is

An investment center generated a contribution margin of $400,000, fixed costs of $200,000 and sales of $2,000,000. The center's average operating assets were $800,000. How much is the return on investment?

O'Reilly Company's projected sales are as follows:

August $470,000

September $540,000

October $660,000

O'Reilly estimates that it will collect 30% in the month of sale, 50% in the month after the sale, and 20% in the second month following the sale. Instructions: How much are O'Reilly Company's budgeted cash receipts for October?