typed answers only please

Corporation's operating data for the past two years is as follows: Year 1 Year 2 Return on investment 8% 12% Net operating income ? $120,000 Turnover ? 2 Margin ? Sales $1,000,000 2 In Year 2 the margin was twice as much as the margin in Year 1. How much was Riroi-4300 Corporation's Net Operating Income for Year 1? Multiple Choice O $80,000 O $120,000 O $60,000 O $30,000_. ..-~ Gourmet School runs short cooking classes at its small campus. Management has identied two cost drivers it uses in its budgeting and performance reportsthe number of classes and the total number of students. For example. the school might run two classes in a month and have a total of 94 students enrolled in those two clases. Data concerning the company's cost formulas appear below: Fixed Cost Cost per per Cost per Month Class Student Instructor wages $2,940 Classroom supplies $270 Utilities $1,250 $ 60 Campus rent $5,100 Insurance $2, 100 Administrative expenses $3.600 $ 44 g 3 For example, administrative expenses should be $3,600 per month plus $44 per class plus $3 per student The company's sales should average $970 per student. The school planned to run 3 classes with a total of94 students; however, it actually ran 4 classes with a total of only 90 students. The actual operating results for October appear below: Actual Revenue $98,030 Instructor wages $ 8,100 Classroom supplies $25,230 Utilities 3 1,840 Campus rent 3 5,100 Insurance $ 2,240 Administrative expenses 3 3'44\" , How much was the FBNOI-4924 School's exible budget net operating income for October? Multiple Choice Campus rent $5, 100 Insurance $2.100 Administrative expenses 53,600 $ 44 s 3 For example, administrative expenses should be $3,600 per month plus $44 per class plus $3 per student. The company's sales should average 3970 per student. The school planned to run 3 classes with a total of94 students: however, it actually ran 4 classes with a total of only 90 students. The actual operating results for October appear below: Actual Revenue $98,080 Instructor wages $ 8,100 Classroom supplies $25,230 Utilities 3 1,840 Campus rent 3 5,100 Insurance $ 2,240 Administrative expenses $ 3'44\" , How much was the FBNOI-4924 School's exible budget net operating income for October? Multiple Choice O 345.230 $41,350 $44,336 000 $38,504