Our company manufactures bird feeders. The budgeted sales price is $20 per unit, and the variable costs are $12 per unit. Budgeted fixed costs for the company are $25,000.

What is the budgeted amount for operating income for 5,000 bird feeders?

Group of answer choices

$8.00 per unit

$45,000

$25,000

$15,000

Our company manufactures bird feeders. The budgeted sales price is $20 per unit, and the variable costs are $12 per unit. Budgeted fixed costs for the company are $15,000.

What is the budgeted amount for contribution margin for 5,000 bird feeders?

Group of answer choices

$8.00 per unit

$60,000

$40,000

$15,000

The static budget for our company shows a sales volume of 2,000 units and a sales price of $60 per unit. Actual sales for the year totaled 2,100 units, and the actual sales price was $58 per unit.

What is the flexible budget variance for sales revenue on the Flexible Budget Performance Report?

Group of answer choices

$4,200 favorable

$4,200 unfavorable

$6,000 favorable

$6,000 unfavorable

The static budget for our company shows a sales volume of 2,000 units and a sales price of $60 per unit. Actual sales for the year totaled 2,100 units, and the actual sales price was $58 per unit.

What is the dollar amount for sales revenue in the flexible budget column of the Flexible Budget Performance Report?

Group of answer choices

$126,000

$124,200

$121,800

$120,000

Which of the following is a disadvantage of a decentralized company?

Group of answer choices

duplication of costs

improved motivation and retention

allows top management to concentrate on long-term strategic planning

provides training needed for segment managers

What is the presidents' office of a manufacturing company most likely to be?

Group of answer choices

a cost center

a revenue center

a profit center

an investment center

The following information is available for our company for the current year:

• operating income, $45,000;
• average total assets, $400,000;
• net sales, $900,000; and
• required rate of return, 12%.

Calculate the return on investment (ROI) rounded to two decimal places.

Group of answer choices

4.44%

5.00%

8.89%

11.25%

The following information is available for our company for the current year:

• operating income, $75,000;
• average total assets, $500,000;
• net sales, $750,000; and
• required rate of return, 12%.

Calculate the profit margin to two decimal places.

Group of answer choices

6.67%

10.00%

15.00%

16.67%

The following information is available for our company for the current year:

• operating income, $45,000;
• average total assets, $400,000;
• net sales, $900,000; and
• required rate of return, 12%.

Calculate the asset turnover to two decimal places.

Group of answer choices

2.25 times

4.44 times

5.00 times

8.89 times

The following information is available for our company for the current year:

• operating income, $45,000;
• average total assets, $400,000;
• net sales, $900,000; and
• required rate of return, 12%.

Calculate the minimum acceptable operating income.

Group of answer choices

($3,000)

$3,000

$45,000

$48,000