Hamlin Corporation had $220,000 in invested assets, sales of $242,000, income from operations amounting to $70,400, and a desired minimum rate of return of 3%. The rate of return on investment for Hamlin is:

a. 32%

b. 3%

c. 29%

d. 7%

Income from operations of the Commercial Aviation Division is $2,225,000. If income from operations before service department charges is $3,250,000:

a. noncontrollable charges are $1,025,000

b. operating expenses are $1,025,000

c. total service department charges are $1,025,000

d. direct manufacturing charges are $1,025,000