The Chilton Corporation specializes in manufacturing one type of desk lamp. Chilton allocates variable manufacturing overhead costs on the basis of machine hours. Chilton budgeted 0.3 machine hours per lamp and allocates variable overhead at a rate of $1.80 per machine hour. Last year Chilton manufactured 16,000 lamps, used 80,000 machine hours and incurred actual variable overhead costs of $104,000. What was Chilton's variable manufacturing overhead rate variance last year? O A. $135,360 unfavorable O B. $40,000 favorable OC. $135,360 favorable OD. $40,000 unfavorable This Question: 2 pts 9 of 42 (31 complete) This Test: 84 pts possib The Box Manufacturing Division of the Allied Paper Company reported the following results from the past year. Shareholders require a return of 9%. Management calculated a weighted - average cost of capital (WACC) of 8%. Allied's corporate tax rate is 35%. Sales $500,000 Operating income 100,000 Total assets 1,400,000 Current liabilities 800,000 What is the division's sales margin? O A. 57.14% OB. 20.00% O c. 35.71% OD. 7.14% The Box Manufacturing Division of the Allied Paper Company reported the following results from the past year. Shareholders require a return of 9%. Management calculated a weighted - average cost of capital (WACC) of 6%. Allied's corporate tax rate is 35%. Sales $500,000 Operating income 75,000 Total assets 1,200,000 Current liabilities 700,000 What is the division's capital turnover? O A. 6.67 OB. 1.71 OC. 0.42 OD. 16.00 The Box Manufacturing Division of the Allied Paper Company reported the following results from the past year. Shareholders require a return of 8%. Management calculated a weighted - average cost of capital (WACC) of 4%. Allied's corporate tax rate is 30%. Sales $700,000 Operating income 70,000 Total assets 1,700,000 Current liabilities 700,000 What is the division's Return on Investment (ROI)? O A. 10.00% OB. 4.12% O C. 100.00% OD. 41.18%