The materials used by the Harmony Division of Kirtiand Compary are cumenty purchased from outside suppliers at 580 per unit, These same materials are produced by the Nauvoo Divislon. The Nawvoo Division can produce the materials needed by the Harmony Division at a variable cost of $65 per unit. The division is currently producing 130,000 units and has capacity of 160,000 units. The two divislonis have recenth negotlated a transfer price of $72 per unit for 15,000 units. By how much will each division's income increase as a result of this transfer? Nounoo Division Residual income The operating income and the amount of invested assets in each division of Stewart Industries are as follows: Assume that management has established a 8% minimum acceptable return for invested assets. a. Determine the residual income for each division. b. Which division has the most residual income? The condensed income statement for the Consumer Products Division of Hydra Industries Inc. is as follows (assuming no support department allocations): The manager of the Consumer Products Division is considering ways to increase the return on investment: a. Using the DuPont formula for return on investment, determine the profit margin, investment turnover, and return on investment of the Consumer Products Division, assuming that $2,390,000 of assets have been invested in the Consumer Products Division. Round the investment turnover to one decimal place. b. If expenses could be reduced by $47,800 without decreasing sales, what would be the impoct on the profit margin, investment turnover, and return on investment for the Consumer Products Division? Round the investment turnover to one decimal place