Theresa Corporation, which manufactures baskets, is developing direct labor standards. The basic direct labor rate is $15.00 per hour. Payroll taxes are 12% of the basic direct labor rate, while fringe benefits such as vacation and health care insurance, are $10.00 per hour. What is the standard rate per direct labor hour? O A. $26.80 O B. $15.00 O C. $25.00 O D. $16.80 The actual cost of direct materials is $42.00 per pound. The standard cost per pound is $48.00. During the current period, 6,500 pounds were used in production. The standard quantity for actual units produced is 5,500 pounds. How much is the direct materials price variance? O A. $39,000 unfavorable O B. $33,000 favorable O C. $33,000 unfavorable OD. $39,000 favorable Question Help Camping World Corporation has operating income of $82,000, a sales margin of 16%, and capital turnover of 4.1. The return on investment (ROI) for Camping World Corporation may be closest to OA. 10%. OB. 152% O C. 66%. OD. 4%. The Rainy Division of Seattle Corporation reported the following results from the past year. Shareholders require a return of 12%. Management calculated a weighted - average cost of capital (WACC) of 4%. Rainy's corporate tax rate is 35%. Sales $900,000 Operating income 270,000 Total assets 1,400,000 Current liabilities 800,000 What is the division's Residual Income (RI)? O A. $108,000 O B. $102,000 O C. $162,000 OD. $270,000 You win the lotery and must decide how to take the payout. Use a 4% discount rate. What is the present value of $17,000 a year received at the end of each of the ned six years? (Click the icon to view the present value of $1 table) EF (Click the icon to view the present value of annuity of 51 table.) Data Table O A 509,114 OB. 5109,000 OC. $13.430 OD. 558,905 0822 07 0681 0630 05835 10% 0.621 0.513 16 02790 02760 0731 0703 0.676 01507 074 0.404 0592 OE 07663 06 Data Table Print Done SS SEA