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Gander Products is thinking of expanding its product line. Its current income statement is as follows: $600,000 Revenues Cost of goods sold: Direct materials Direct labor $250,000 100,000 50,000 Overhead 400.000 $200,000 Gross profit Selling and administrative Operating income 100.000 $100,000 The cost of the new product is $95 per unit made up of $50 of direct materials, $35 of direct labor and $15 of overhead per unit. What is the bid price assuming Gander utilizes a markup on direct materials? O $50 O $150 O $70 O $120 Arrow Company has the following information for the month of May of the current year: Selling price Variable production costs Variable selling and admin. expenses Fixed production costs Fixed selling and admin. expenses Units produced Units sold $220 per unit $90 per unit produced $25 per unit sold $600,000 $400,000 12,000 units 11,500 units There were no beginning inventories. Calculate Arrow's ending inventory cost for the month of May using the absorption-costing method. $45,000 $232,500 $70,000 $207,500 The following information pertains to the three divisions of Maple Company: Division Z Division X ? $36,000 $300,000 Division Y ? $25,000 ? 20% 0.05 Sales Net operating income Average operating assets Return on investment Margin Turnover Target ROI $1,250,000 $75,000 ? ? 15% 0.10 ? 1.5 ? ? 15% 12% 10% What is the margin for Division Z? O 2.50 O 0.15 O 1.50 0.06