Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 33 (1 point) Which of the following is the numerator in the calculation of the turnover component of ROI? Invested capital. Total assets. Sales.

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Question 33 (1 point) Which of the following is the numerator in the calculation of the turnover component of ROI? Invested capital. Total assets. Sales. None of the options provided are correct. Operating income. Question 34 (1 point) Which of the following is NOT an operating asset? Common shares. Inventory. Cash. Plant equipment. None of the options provided are correct. Question 35 (1 point) Which of the following best defines an opportunity cost? O A cost that may be shifted to the future with little or no effect on current Oper operations. The difference in total costs from selecting one alternative instead of another. The benefit forgone by selecting one alternative instead of another. None of the options provided are correct. A cost that may be saved by NOT adopting an alternative. Question 36 (2 points) Candy Corp. has a direct labour cost of $25 per hour applied to the overhead of jobs of the basis of $3.25 per direct labour hour. If a job has $100,000 of direct materials and $26,000 of manufacturing overhead applied, what is the total cost of the job? $300,000. $126,000. $220,000. None of the options provided are correct. $296,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

When is it appropriate to use a root cause analysis

Answered: 1 week ago