Help Save & su If a company reports profit margin of 29.2% and investment turnover of 1.50 for one of its investment centers, the return on investment must be: Multiple Choice 19.47% 43.80% 30 70% 27.70% O 514% Pleasant Hills Properties is developing a golf course subdivision that includes 225 home lots: 100 lots are golf course lots and will sell for $101.000 each 125 are street frontage lots and will sell for $71,000. The developer acquired the land for $1,860,000 and spent another $1460,000 on street and utilities improvement Compute the amount of joint cost to be allocated to the golf course lots using value basis. (Round your intermediate calculation to one decimal place.) Multiple Choice $1766.240 $1553.60 $2.060.360 $1463.520 $1.819360 HU SVLER Submit Riemer, Inc. has four departments. Information about these departments is listed below. Maintenance is a service department. If allocated maintenance cost is based on floor space occupied by each of the other departments, compute the amount of maintenance cost allocated to the Cutting Department. (Do not round your intermediate computations.) Direct costs Sq. ft. of space No. of employees Maintenance $16,000 550 3 Cutting Assembly Packaging $28,000 $68,000 $43,800 1,050 2,050 2,500 2 3 3 Multiple Choice $2,269 $3,000. $3,274 $8,000 Marian Corporation has two separate divisions that operate as profit centers. The following information is available for the most recent year: Sales (net) Salary expense Cost of goods sold Black Division $900,000 26,000 110,000 Navy Division $380,000 46,000 157,000 The Black Division occuples 18.000 square feet in the plant. The Navy Division occuples 28,000 square feet. Rent is an Indirect expense and is allocated based on square footage. Rent expense for the year was $48,000. Compute gross profit for the Black and Navy Divisions, respectively. Multiple Choice $84,000 $177,000 $790,000 $223.000. $66.000: $149,000. O $274,000 $334,000