Thomas Corporation typically sells a unit of its product for $12.00. The corporation's Master Budget included sales revenue of $120,000 for this quarter, but then actual sales revenues totaled $165,750. If they actually sold 13,200 units this quarter, what is the flexible budget variance? $38,400 Favorable $7,350 Favorable $7,350 Unfavorable $38,400 Unfavorable The Pasta Division of Whole Grain Corporation had sales of $5,500,000 and operating income of $1,375,000 last year. The total assets of the Pasta Division were $2,750,000, while total liabilities were $1,830,000. Whole Grain Corporation's target rate of return on assets is 14%. What is the Pasta Division's Residual Income (RI)? $990,000 $920,000 $4.125,000 $5,115,000