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Low quality materials might lead to an unfavorable variance for which of the following? Labor Efficiency Variance Materials Quantity Variance A) Yes Yes B) Yes

Low quality materials might lead to an unfavorable variance for which of the following?

Labor Efficiency Variance Materials Quantity Variance
A) Yes Yes
B) Yes No
C) No Yes
D) No No
_________

Last year, the Retail Division had an ROI of 18%. The division's minimum required rate of return is 11%. If the division's average operating assets last year were $474,000, then the division's residual income for last year is?

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