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Juan Rubio is the manager of the production department of Munoz Corporation. Munoz incurred the following costs during Year 2: Production department supplies $ 5,
Juan Rubio is the manager of the production department of Munoz Corporation. Munoz incurred the following costs during Year 2: Production department supplies $ 5, 400 Administrative salaries 396 , 000 Production wages 583 , 000 8 Materials used 525 , 200 Depreciation on manufacturing equipment 367 , 600 points Corporate-level rental expense 243 , 000 Property taxes 77 , 600 Sales salaries 284, 800 Required Prepare a list of expenditures that can be considered controllable for Mr. Rubio. Controllable Items Amount Total $ 0The Tree Cutting Division earned $1,164,510 on operating assets of $6,810,000. Thornton has offered the Tree Cutting Division $2,140,000 of additional operating assets. The manager ofthe Tree Cutting Division believes he could use the additional assets to generate operating income amounting to $438,700. Thornton has a desired return on investment (ROI) of 9.70 percent. 2 Thornton Home Maintenance Company earned operating income of $6,891,300 on operating assets of $58,900,000 during Year 2. Required points 3. Calculate the return on investment for Thornton, the Tree Cutting Division, and the additional investment opportunity. b. Calculate the residual income for Thornton, the Tree Cutting Division, and the additional investment opportunity. Complete this question by entering your answers in the tabs below. Required A Required B Calculate the return on investment for Thornton, the Tree Cutting Division, and the additional investment opportunity. (Round your answers to 2 decimal places. (i.e., 0.2345 should be entered as 23.45).) Thornton Home Maintenance Company Tree Cutting Division Additional investment opportunity Required B > Required A Required B Calculate the residual income for Thornton, the Tree Cutting Division, and the additional investment opportunity. Thornton Home Maintenance Company Tree Cutting Division Additional investment opportunity
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