RelyaTech is a division of a large corporation. Data concerning the most recent period appears below:

Sales $ 18,290,000 Net operating income $ 877,920 Average operating assets $ 4,510,000 (ID#83780)

Q) What is RelyaTech's margin (closest to)?

Multiple Choice 19.5% 4.8% 20.7% 25.5% [1:02 PM] 11) The following data has been provided for the RelyaTech division of a large corporation for the previous year:

Minimum required rate of return 14 % Return on investment (ROI) 17 % Sales $ 660,000 Turnover (on operating assets) 5 times (ID#55192)

Q) What was the RelyaTech division's net operating income last year?

Multiple Choice $92,400 $22,440 $19,800 $112,200 [1:03 PM] 12) Data for RelyaTech, a large merchandiser, is below:

Sales are budgeted at $299,000 for November, $319,000 for December, and $219,000 for January. Collections are expected to be 65% in the month of sale and 35% in the month following the sale. The cost of goods sold is 80% of sales. RelyaTech desires to have an ending merchandise inventory at the end of each month equal to 70% of the next month's cost of goods sold. Payment for merchandise is made in the month following the purchase. Other monthly expenses to be paid in cash are $22,000. Monthly depreciation is $25,500. Ignore taxes. (ID#92706)

Balance Sheet October 31 Assets Cash $ 32,500 Accounts receivable 81,500 Merchandise inventory 185,900 Property, plant and equipment, net of $624,000 accumulated depreciation 1,013,000 Total assets $ 1,312,900

Liabilities and Stockholders' Equity Accounts payable $ 248,000 Common stock 749,000 Retained earnings 315,900 Total liabilities and stockholders' equity $ 1,312,900

Q) What are the expected cash collections for RelyaTech in December?

Multiple Choice $207,350 $104,650 $319,000 $312,000 PrevQuestion 12 of 100 Total12 of 100Visit question mapNext [1:03 PM] 13 RelyaTech Corporation manufactures and sells 14,500 units of Product Beautiful each month.

The selling price of Product Beautiful is $27 per unit, and variable expenses are $21 per unit.

RelyaTech is thinking about discontinuing Product Beautiful. Their research shows that $73,000 of the $100,000 in monthly fixed expenses charged to Product Beautiful would not be avoidable even if the product was discontinued.

(ID#37740)

Q) What would be the monthly financial advantage (disadvantage) for RelyaTech if they decided to discontinue Product Beautiful?

Multiple Choice

$13,000

$40,000

($60,000)

($40,000) [1:06 PM] 35 RelyaTech Corporation collects sales dollars according to the schedule below:

50% in month of sale 47% in month following sale 3% in second month following sale

(ID#89541)

The budgeted sales for RelyaTech are:

Sales April $ 170,000 May $ 190,000 June $ 180,000

Q) What would be budgeted cash collections for RelyaTech in June?

Multiple Choice $180,000 $179,300 $180,510 $184,400 [1:07 PM] RelyaTech Corp. uses client-days as its measure of activity - a client that spends one day in their wellness center is counted as one client-day.

During June, RelyaTech's wellness center budgeted for 3,800 client-days, but its actual level of activity was 3,830 client-days.

(ID#81276)

RelyaTech used the following data in budgeting:

Fixed element per month Variable element per client-day Revenue $ 0 $ 34.70 Wages and salaries $ 2,700 $ 7.70 Food and supplies 1,700 14.20 Facility expenses 8,200 3.20 Administrative expenses 6,700 0.20 Total expenses $ 19,300 $ 25.30

RelyaTech's actual results for June:

Revenue $ 120,321 Wages and salaries $ 28,570 Food and supplies $ 56,975 Facility expenses $ 19,989 Administrative expenses $ 7,097

Q) The RelyaTech's spending variance for food and supplies in June would be closest to:

Multiple Choice $889 U $889 F $1,315 F $1,315 U

volodar Today at 1:08 PM 47 Data for RelyaTech Corp., a large merchandiser, is below:

Sales are budgeted at $307,000 for November, $327,000 for December, and $227,000 for January. Collections are expected to be 60% in the month of sale and 40% in the month following the sale. The cost of goods sold is 75% of sales. RelyaTech desires to have an ending merchandise inventory at the end of each month equal to 90% of the next month's cost of goods sold. Payment for merchandise is made in the month following the purchase. Other monthly expenses to be paid in cash are $22,800. Monthly depreciation is $29,500. Ignore taxes. (ID#13291)

Balance Sheet October 31 Assets Cash $ 35,000 Accounts receivable 85,500 Merchandise inventory 207,225 Property, plant and equipment, net of $624,000 accumulated depreciation 922,000 Total assets $ 1,249,725

Liabilities and Stockholders' Equity Accounts payable $ 256,000 Common stock 757,000 Retained earnings 236,725 Total liabilities and stockholders' equity $ 1,249,725

Q) What are the accounts payable for RelyaTech at the end of December?

Multiple Choice $24,525 $177,750 $153,225 $245,250 [1:09 PM] 48 RelyaTech Corporation has a time constraint on one of its special machines. The company makes three products that use this machine. Data concerning those products appear below:

Magnifico Bellissimo Lovelyssimo Selling price per unit $ 335.15 $ 228.43 $ 199.18 Variable cost per unit $ 259.32 $ 173.14 $ 159.67 Minutes on the constraint 7.20 4.00 5.20 (ID#52317)

Assume that sufficient time is available on the constrained machine to satisfy demand for all but the least profitable product.

Q) Up to how much should RelyaTech be willing to pay to acquire more of the constrained resource? (Round your intermediate calculations to 2 decimal places.)

Multiple Choice

$13.82 per unit

$39.51 per unit

$75.83 per minute

$7.60 per minute [1:09 PM] 52 Budgeted sales in units for RelyaTech Corp. for the next five months is below:

June 4,640 units July 7,800 units August 5,440 units September 6,980 units October 3,840 units

(ID#98437)

RelyaTech requires that the ending inventory for each month must be equal to 30% of the next month's sales in units. The inventory on May 31 contained 1,392 units.

RelyaTech needs to prepare a production budget for the third quarter of the year.

Q) What's the total number of units to be produced in July?

Multiple Choice 7,800 units 8,267 units 9,432 units 7,092 units [1:10 PM] 58 RelyaTech Corporation is planning its annual budget and has the following beginning and ending inventory levels planned for the year.

Beginning Inventory Ending Inventory Finished goods (units) 30,000 40,000 Raw material (grams) 60,000 50,000

(ID#81443)

Each unit of finished goods requires 3 grams of raw material. RelyaTech plans to sell 370,000 units during the year.

Q) How much of the raw material should RelyaTech purchase during the year?

Multiple Choice 1,160,000 grams 1,190,000 grams 1,140,000 grams 1,130,000 grams [1:14 PM] 77 RelyaTech Corporation makes 40,000 units per year of a part it uses in the products it manufactures. The unit product cost of this part is below:

Direct materials $ 21.80 Direct labor 26.90 Variable manufacturing overhead 7.50 Fixed manufacturing overhead 37.30 Unit product cost $ 93.50 (ID#74903)

An outside supplier has offered to sell to RelyaTech all of these parts it needs for $79.80 a unit.

If RelyaTech accepts this offer, the facilities now being used to make the part could be used to make more units of another product that is in high demand. The additional contribution margin on this other product would be $200,000 per year.

If the part were purchased from the outside supplier, all of the direct labor cost of the part would be avoided. However, $32.40 of the fixed manufacturing overhead cost being applied to the part would continue even if the part were purchased from the outside supplier. This fixed manufacturing overhead cost would be applied to the RelyaTech company's remaining products.

Q) What is the maximum amount that RelyaTech Corporation should be willing to pay an outside supplier per unit for the part if the supplier commits to supplying all 40,000 units required each year? (Round your intermediate calculations to 2 decimal places.)

Multiple Choice

$93.50 per unit

$5.00 per unit

$66.10 per unit

$98.50 per unit [1:14 PM] 78 Data for RelyaTech Corp., a large merchandiser, is below:

Sales are budgeted at $306,000 for November, $326,000 for December, and $226,000 for January. Collections are expected to be 70% in the month of sale and 30% in the month following the sale. The cost of goods sold is 75% of sales. RelyaTech desires to have an ending merchandise inventory at the end of each month equal to 80% of the next month's cost of goods sold. Payment for merchandise is made in the month following the purchase. Other monthly expenses to be paid in cash are $22,700. Monthly depreciation is $29,000. Ignore taxes. (ID#35201)

Balance Sheet October 31 Assets Cash $ 34,500 Accounts receivable 85,000 Merchandise inventory 183,600 Property, plant and equipment, net of $624,000 accumulated depreciation 921,000 Total assets $ 1,224,100

Liabilities and Stockholders' Equity Accounts payable $ 255,000 Common stock 756,000 Retained earnings 213,100 Total liabilities and stockholders' equity $ 1,224,100

Q) What is the cost of December merchandise purchases for RelyaTech?

Multiple Choice $135,600 $229,500 $184,500 $244,500 [1:15 PM] 84 RelyaTech Corporation makes and sells fancy remote controls. Each remote control regularly sells for $49. The following cost per remote control is based on a full capacity of 154,000 remote controls produced each period.

Direct materials $ 7 Direct labor $ 9 Manufacturing overhead (50% variable and 50% unavoidable fixed) $ 6 (ID#63470)

A special order has been received by RelyaTech for a sale of 15,000 remote controls to an overseas customer.

The only selling costs that RelyaTech would incur on this order would be $3 per remote control for shipping.

RelyaTech is now selling 139,000 remote controls through regular channels each period.

Assume that direct labor is an avoidable cost in this decision.

Q) What should RelyaTech use as a minimum selling price per remote control in negotiating a price for this special order?

Multiple Choice

$22 per fan

$19 per fan

$24 per fan

$20 per fan

volodar Today at 1:16 PM RelyaTech Corporation has two products, Beautiful and Gorgeous.

In the last period, the RelyaTech Corporation's net operating income was $27,000, and the common fixed expenses were $58,000.

(ID#49948)

The contribution margin ratio for Product Beautiful was 40%, its sales were $143,000, and its segment margin was $50,000.

Q) If the contribution margin for Product Gorgeous was $48,000, what was the segment margin for Product Gorgeous?

Multiple Choice $35,000 $8,000 $50,000 $85,000 [1:16 PM] 91 RelyaTech Corporation has two divisions: the Center Division and the Suburb Division.

The Center Division has sales of $245,000, variable expenses of $135,600, and traceable fixed expenses of $64,800.

The Suburb Division has sales of $555,000, variable expenses of $313,800, and traceable fixed expenses of $123,100.

The RelyaTech's total amount of common fixed expenses not traceable to the individual divisions is $122,200. (ID#64328)

Q) What is the RelyaTech company's net operating income?

Multiple Choice

$241,200

$40,500

$162,700

$350,600