Please complete the charts below?

The Monarch Division of Allgood Corporation has a current ROI of 13 percent. The company target ROI is 9 percent. The Monarch Division has an opportunity to invest $4,800,000 at 11 percent but is reluctant to do so because its ROI will fall to 12.25 percent. The present investment base for the division is $8,000,000.

Required

Calculate the current residual income and the residual income with the new investment opportunity being included.

Based on your answers to requirement a, should Monarch Division make the investment?

a. Current residual income New residual income b. Should Monarch Division make the investment?Sales price $ 8.80 per unit Variable manufacturing cost 3.90 per unit Fixed manufacturing cost 2, 400 total Fixed selling and administrative cost 800 totalRequired .. Required B Prepare the pro forma income statement in centrihutien format that would appear in a master budget. Required A Required B Prepare the pro forma income statement in contribution format that would appear in a flexible budget. FRANKLIN MANUFACTURING COMPANY Pro Forma Income Statement Flexible Budget 0 0Item Budget Actual Variance For U Sales price 69 531 $ 662 Sales revenue $ 612,000 $ 586.000 Cost of goods sold $ 366.000 $ 394,000 Material purchases at 5,000 pounds $ 289,000 $ 281,000 Materials usage 184,000 Ibs 189,000 Ibs Ibs Production volume 930 units 1,010 units units Wages at 4,000 hours $ 59.300 61,200 Labor usage at $16 per hour $ 98.200 $ 96,600 Research and development expense 34,000 $ 28,000 Selling and administrative expenses 46,000 $ 58,000