The company paid dividends of $$33,400$ last year. The "Investment in Buisson, S$.$A$."$ on the balance sheet represents an investment in

the stock of another company. The company's minimum required rate of return of $15\%.$

Required:

Compute the company's average operating assets for last year.

Compute the company's margin, turnover, and return on investment $($ROI$)$ for last year.

Note: Round "Margin", "TTasman Products, Limited, of Australia has a Maintenance Department that services the equipment in the company's Forming

Department and Assembly Department. The cost of this servicing is charged to the operating departments on the basis of machine$-$

hours. Cost and other data relating to the Maintenance Department and to the other two departments for the most recent year are

presented below.

Data for the Maintenance Department follow:

$*$Budgeted at $$21$ per machine$-$hour.

Data for the Forming and Assembly Departments follow:

The level of fixed costs in the Maintenance Department is determined by peak$-$period requirements.

Required:

How much Maintenance Department cost should be charged to the Forming Department and to the Assembly Department?

How much, if any, of the actual Maintenance Department costs for the year should be treated as a spending variance and not

charged to the Forming and Assembly departments?

Complete this question by entering your answers in the tabs below.

How much Maintenance Department cost should be charged to the Forming Department and to the Assembly Department?urnover" and "ROI" to $2$ decimal places.

What was the company's residual income last year?