Lebron Co. manufactures product X with the following standard costs:

Direct materials, 20 yards @ 13.50 per yard	270
Direct labor, 4 hours @ 90.00 per hour	360

The following information pertains to the month of May:

Direct materials, 18,000 yards @ 13.80 per yard	248,400
Direct labor, 2,100 hours @ 91.50 per hour	192,150
Direct materials used	9,500 yards
Production during May	500 units

What is the direct labor rate variance?

Group of answer choices

9,000 F

3,150 U

9,000 U

3,150 F

Jordan Company has two divisions, which reported the following results for the most recent year.

	Division I	Division II
Income	02,700,000	00,600,000
Average invested capital	18,000,000	03,000,000
ROI	15%	20%

Imputed interest rate = 10%

What is the residual income of Division II?

Group of answer choices

294,000

0

900,000

300,000

Information for Duncan Corporation is shown below:

	20X1
Net Income	400,000
Average Investment	1,000,000
Sales Revenue	2,000,000

The capital turnover is

Group of answer choices

5

4

2

2.5

Steph Companys direct labor costs:

Standard direct labor hours	30,000
Actual direct labor hours	29,000
Direct labor efficiency variance favorable	004,000
Direct labor rate variance favorable	005,800
Total payroll	110,200

What is the standard direct labor rate?

Group of answer choices

3.80

3.60

3.54

4.00

Beau County Cable Services, Inc. is organized with three segments: Metro, Suburban, and Outlying. Data for these segments for the year just ended as follows:

	Metro	Suburban	Outlying
Service Revenue	90,000	70,000	35,000
Variable Expenses	15,000	10,000	05,000
Controllable Fixed Expenses	30,000	25,000	10,000
Fixed Expenses controllable by others	20,000	15,000	05,000

In addition to the expenses listed above, the company has 6,000 common fixed expenses. The income tax expense for the year is 21,000.

What is the segment margin associated with the Suburban Division?

Group of answer choices

25,000

35,000

15,000

20,000