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Show all calculations when answering the following quantitative questions. State your final answer in a sentence (2 marks each) a. Alpine Industries makes snowboards. Management

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Show all calculations when answering the following quantitative questions. State your final answer in a sentence (2 marks each) a. Alpine Industries makes snowboards. Management has provided the following information for the month. Actual sales 4,000 boards Budgeted production 5,000 boards Selling price $475 per board Costs per board: Direct material $100 Direct labour $45 Variable overhead $15 Variable administrative $20 Fixed manufacturing overhead $65 What is the product cost per jacket if throughput costing is used? b. Prepare the journal entry (without $ figures) to record scrap that is not specific to a job, which is returned to the storeroom and the time between the scrap being inventoried and its disposal is quite lengthy, c. The Toronto subsidiary of a Canadian company has an investment base of $12,000,000 and a corporate required rate of return of 15% for all subsidiaries. In 2019 the Toronto subsidiary had a residual loss of ($200,000) and in 2020 it earned a residual income of $400,000 What return on investment did the Toronto subsidiary achieve in 2019 and 2020 respectively

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