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Randall Industries has a relevant range extending to 31,500 units each month. The following performance report provides information about Randall's budget and actual performance for
Randall Industries has a relevant range extending to 31,500 units each month. The following performance report provides information about Randall's budget and actual performance for November. (Click the icon to view the performance report.) Requirement Fill in all missing numbers in the table. Be sure to label any variances as favorable or unfavorable. (Round intermediary calculations to the nearest cent. Enter the variances as positive numbers. Label each variance as favorable \\( (F) \\) or unfavorable \\( (U) \\). If the variance is 0 , make sure to enter in a \" 0 \". A variance of zero is considered favorable.) Randall Industries Epic Sports Company makes snowboards, downhill skis, cross-country skis, skateboards, surfboards, and in-line skates. The company has found it beneficial to split operations into two divisions based on the climate required for the sport: Snow Sports and Non-Snow Sports. The following divisional information is available for the past year: (Click the icon to view the information.) Requirements 1. Calculate each division's ROI. 2. Top management has extra funds to invest. Which division will most likely receive those funds? Why? 3. Can you explain why one division's ROI is higher? How could management gain more insight? earest tenth of ROI Epic's management has specified a target \16 rate of return
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