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Provide the answer and calculation/explanation please! 1. Maxwell Company established a center to provide its employee training seminars. Maxwell budgeted costs for a weekend training

Provide the answer and calculation/explanation please!

1. Maxwell Company established a center to provide its employee training seminars. Maxwell budgeted costs for a weekend training seminar for managers at $300 per employee. Actual costs were $315 per employee. The training center would be considered a (an)

a. asset center.

b. profit center.

c. cost center.

d. investment center.

2. Kennedy Aeronautics desires an 8% ROI on all investment projects. Details of a proposed investment include the following:

Sales Revenues $30,000

Expenses 27,000

Investment Turnover 1.5

Which of the following statements is accurate?

a. Based on ROI, the company should accept the investment project.

b. The investment project would have a 10% return.

c. The company should reject the investment project.

d. The company

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