Question 1 1.5 pts Match each responsibility center with what it has control over. (Choose the most descriptive definition) Cost Center [ Choose ] Profit Center [ Choose ] Investment Center [ Choose ] Investment Funds, but not Costs Costs, Revenues, Investment Funds Revenues, Investment Funds Investment Funds only Costs only Next Revenues, but not Costs Costs, Investment Funds Costs, Revenues Submit QuizQuestion 2 2 pts Cardi B reported the following data for her company in 2019: Net Operating Income $61,000 Beginning Operating Assets ??? Ending Operating Assets $540,000 Return on Investment 0.11 Based on the information above, what was the beginning balance of Operating Assets for 2019? Round your answer to the nearest dollar. E Question 3 2 pts Megan Thee Stallion Stable Co. Income Statement Sales $1.000 Operating Expenses $320 Net Operating Income $680 Interest Expense $30 Tax Expense $120 Net Income $530 Beginning Balance Ending Balance Total Operating Assets $2,063 $7.030 Compute Megan Thee Stallion Stable Company's Asset Turnover for last year. Round your answer to 2 cl.p. Question 4 Using the information from Question 4, what is Megan Thee Stallion Stable Company's margin? Round your answer to 2 tin. f\" 22% r\" 68% f\" 78% n 53% Question 5 Stark Industries reports that its average operating assets are $519,000.000 and its net operating income is $141,000,000 on sales of $1,645.000,000 What is the residual income if the required rate of return is 0.09? Round your answer to the nearest dollar. E Question 6 2 pts Kanve West makes shoes. Current sales of Yeezy shoes are $73,000. Kanye West's average operating assets are $21,000 and total liabilities are $19,500. West does not think he can meaningfully increase his company's turnover, but he does believe he can increase his margin. What margin is needed on Kanye West's Yeezy shoes to give him a Return on Investment of 0.19? Round your answer to 2 lip. E Question 7 1.5 pts Three common methods for setting transfer prices are: fair negotiated 1. [ Select ] arranged predetermine transfer prices (segment managers meet and agree cost upon transfer prices). market value cost full 2. Setting transfer prices at [ Select ] market using either variable or full negotiated absorption cost. fair negotiated 3. Use [ Select ] value pricing to save time negotiating transfer pricing. cost marketQuestion 8 2 pts Gustavo Fring approached Walt & Jessie Pharmaceutical Co. to buy 50 pounds of product for $50.000 a pound. Regular customers are charged $69,000 for a pound of product. Walt and Jessie Pharmaceutical Co. has the capacity to make 1000 pounds of product per month. The following costs are associated with the company's normal monthly production of the sale of 970 pounds of product: Direct Material per Pound of Product $9.000 Direct Labor per Pound of Product $2.000 Variable MOH per Pound of Product $4.000 Fixed MOH per Pound of Product $3.000 What is the minimum price Walt and Jessie Pharmaceutical Co. would be willing to accept per pound of product for the order? Round your answer to the nearest dollar. Hint: You can solve this problem using the formula for minimum transfer price in Chapter 11: Transfer price >= incremental variable costs per unit + {Sacriced regular contribution margin/ it units transferred] Minimum price = incremental variable costs per unit + (Hf units sacriced at {regular price - regular variable costs))/# units in order) Question 9 2 pts The costs, revenue, and net operating income associated with the Scrub Daddy are given below: Selling Price per Unit $30 Variable Cost per Unit Direct Material per Unit $12 Direct Labor per Unit $3 Variable MOH per Unit $3 Shark Lori Greiner has an order for 4 units of Scrub Daddy sponges. The orderer only wants to pay $29 per unit. What is the advantage/disadvantage per unit of accepting the offer assuming Scrub Daddy has sufficient idle capacity? Round your answer to the nearest dollar.Question 10 1 pts Assume you are the owner of a growing manufacturing business. You are considering becoming more of a decentralized organization. What are the advantages of adopting this type of organization? [Select all that apply] o Senior Managers lose control over day-to-day activities of the company. H Employees have more autonomy to make their own decisions boosting motivation and job satisfaction Relieves some of the burden off of higher managers to lower level managers allowing top management to focus on more major decisions. Conict can arise if lower level managers do not understand the company's overall strategy. o Allows for quicker decision making. Question 11 1 pts Assuming Bob's Burgers International wants to save as much of its earnings as possible. which of the following locations would the company prefer earnings to occur? -\"- Chad - 35% Corporate Tax Rate -\"- Brazil - 34% Corporate Tax Rate -\"- Hungary - 9% Corporate Tax Rate -\"- Ireland - 12.5% Corporate Tax Rate Question 12 2 pts The Copy Center is a service department for the operating departments Foster School of Business, which includes the Accounting Department. Rates for usage of the Copy Center for the Accounting Department for 2020 are below: Fixed Cost ' $43,000 Budgeted Variable Cost $0.38 per page These budgeted costs are used to determine the transfer price that other departments will pay for their usage of the Copy Center Service Department. Due to an error in the budgeted the price of ink. the Copy Center service department now incurs a cost of $0.74 per page. How much should the Foster Accounting Department be charged for the year if it printed 500 copies during 2020? Round your answer to the nearest dollar