Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

MakeltFab Inc. makes plastic toys for amusement parks. The following information is available from 2 0 2 1 : What was the direct materials volume

image text in transcribed
MakeltFab Inc. makes plastic toys for amusement parks. The following information is available from
2021:
What was the direct materials volume variance in 2021?
Instructions: Submit a positive answer independently of whether the variance is favorable or unfavorable.
Question 20
Hardware Inc. computed their ROI and residual income for the year 2021. The ROI was 24%
and residual income was $2,604. The profit margin in 2021 was equal to 0.7 and the revenue was
$24,048.
What is the hurdle rate us
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Governmental and Nonprofit Accounting Theory and Practice

Authors: Robert J. Freeman, Craig D. Shoulders, Dwayne N. McSwain, Robert B. Scott

11th edition

133799565, 978-0133799569

More Books

Students also viewed these Accounting questions

Question

2. To examine the various objectives of sales promotion programs.

Answered: 1 week ago