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please answers all the questions posted :) LH Tent Company produces tents and sells them to large sporting goods stores. For a recent period, the
please answers all the questions posted :)
LH Tent Company produces tents and sells them to large sporting goods stores. For a recent period, the company had the following static budget for manufacturing overhead costs based on 100,000 machine hours. $280,000 400,000 40,000 Variable Indirect materials Indirect labor Factory supplies Fixed Depreciation Supervision Property taxes 120.000 100,000 20,000 LH is now preparing a flexible budget based on 80,000 actual machine hours. What amount will be reported on the flexible budget for manufacturing overhead? $816.000 O $768.000 $720.000 $576.000 After receiving financial information about the riding toy division at Rainbow Toys, management is considering closing the riding toy division. The division generated revenues of $950.500, the contribution margin was $239,800, and division income was (5162,700). However management discovered that $395.200 of corporate fixed overhead has been allocated to the division and included in the computation of division income. With this additional information should Rainbow close the riding toy division? Why or why not? No, its controllable margin is $557.900. No, its controllable margin is $232,500. Yes, its controllable margin is (S232,500). Yes, its controllable margin is (5557.900). Moore Electric has sales of $3,800,000. Variable costs are $2,130,000 and controllable fixed costs are $782,000. The company's average operating assets are $5,000,000. If the company decreases their fixed and variable costs by 5%, what will their new ROI be? 18.54% O 20.67% 17.76% 19.89% Step by Step Solution
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