Saved of 15 Required information [The following information applies to the questions displayed below) Westerville Company reported the following results from last year's operations 0332 Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $ 1.500.000 500.000 1,000,000 200.000 5 300,000 $ 1.000.000 At the beginning of this year, the company has a $200,000 investment opportunity with the following cost and revenue characteristics Sales Contribution margin ratio Fixed expenses $ 300,000 60% of sales $ 132,000 The company's minimum required rate of return is 10% 12. What is the residual income of this year's investment opportunity? Residual income Chapter 10 Assignment Saved 3. 13 of 15 Required information The following information applies to the questions displayed below! Westerville Company reported the following results from last year's operations 042215 Sales Variable expenses Contribution margin Fixed expenses Net operating Income Average operating assets $ 1.500,000 Seo,000 1,000,000 70 000 5 300,000 $ 1,000,000 brint At the beginning of this year, the company has a $200,000 investment opportunity with the following cost and revenue characteristics Sales Contribution margin ratio $ 300,000 sex of sales $ 132,000 Fixed expenses The company's minimum required rate of return is 10% 13. If the company pursues the investment opportunity and otherwise performs the same as last year what residual income will it earn this year? Residual income 15 Required information [The following information applies to the questions displayed below) Cane Company manufactures two products called Alpha and Beta that sell for $210 and 5172, respectively. Each product uses only one type of raw material that costs $8 per pound. The company has the capacity to annually produce 128,000 units of each product. Its average cost per unit for each product at this level of activity are given below 4:40 Direct materials Direct labor Variable manufacturing overhead Traceable fixed manufacturing overhead Variable selling expenses Common fixed expenses Total cost per unit Alpha $.40 38 25 33 30 33 $199 Beta $ 24 34 23 36 26 28 $121 The company considers its traceable fixed manufacturing overhead to be avoidable, whereas its common fixed expenses are unavoidable and have been allocated to products based on sales dollars Required: 1. What is the total amount of traceable fixed manufacturing overhead for each of the two products? Alpha Beta Traceable fixed manufacturing overhead