What are the total assets reported by Lion Enterprises if operating income is $256,500, its return on investment (ROI) is 15%, and its target rate of return is 14%? O A. $33,475 0 5. $1,832,143 0 0. $1,710,000 0 D. $256,500 Flash E Card Manufacturing manufactures software parts for the computer software systems that produce 6 cards. The Flash ll part is currently manufactured in the Computer Department. The Data Department also produces the part and the plant has excess capacity to produce the Flash ll part. The current market price of the Flash ll part is $1 ,300. The managerial accountant reported the following manufacturing costs and variable expense data: Flash E Card Manufacturing Manufacturing Costs and Variable Expense Report Flash Component Direct materials $790 Direct labor $170 Variable manufacturing overhead $140 Fixed manufacturing overhead (current production level} $155 Variable selling expenses {only incurred on sales to outside consumers) $133 If the highest acceptable transfer price is $1,300 in the market, what is the lowest acceptable in house price the Data Department should receive to produce the part in house at the Computer Department? I...' g) 0 A. $1,300 0 B. $960 0 0. $1,100 0 0. $700 The Bedding Division of Homestore Corporation had sales of $7,000,000 and operating income of $1 ,190,000 last year. The total assets of the Bedding Division were $2,000,000, while current liabilities were $300,000. Homestore Corporation's target rate of return is 20%, while its weighted average cost of capital is 9%. The effective tax rate for the company is 40%. What is the Bedding Division's Residual Income (RI)? O A. $400,000 0 B. $714,000 0 c. $700,000 0 0. $1,010,000 Troy Company budgeted $12 million for customer service costs, but actually spent only $10 million. Which of the following statements is the best course of action for management to take in this instance? O A. Management will investigate this $2 million favorable variance to ensure that the cost savings do not reect skimping on customer service. 0 B. Management should not investigate every major variance, especially an unfavorable variance. 0 C. Because this $2 million variance is favorable, management does not need to investigate further. 0 D. Management will investigate this $2 million unfavorable variance to try to identify and correct the