Answer:
d. 0.93
Explanation:
Investment turnover is a measurement of how a company is able to generate revenue as a result of using the money invested in the company.
Investment turnover is computed by
= Net sales ÷ Invested assets
Given that;
Sales = $140,000
Invested assets = $150,000
Investment turnover = $140,000 ÷ $150,000
Investment turnover = 0.93
Therefore, investment turnover for Division A is 0.93
Answer:
$5,180 and $35,120
Explanation:
The computation of the cost of goods sold and the ending inventory is shown below:
There are 500 unit sold so according to that the cost of goods sold is
Jan 1 60 units $66 $3,960
May 5 280 units $69 $19,320
Nov 3 160 units $74 $11,840
Cost of goods sold $35,120
Now the ending inventory is
Since there is a 70 ending inventory units i.e comes from
= 570 units - 500 units
= 70 units
So this should be at $74
i.e $5,180
Answer:
$541 Unfavorable
Explanation:
Flexible budget for food and supplies = Fixed expenses + (Actual activity * Variable cost per tenant day)
Flexible budget for food and supplies = $1,600 + (3,740 * $14.10)
Flexible budget for food and supplies = $1,600 + $52,734
Flexible budget for food and supplies = $54,334
Spending variance = Actual results - Flexible budget
Spending variance = $54,875 - $54,334
Spending variance = $541 Unfavorable
You don't have enough information to answer this question. You need to know how many of each of these Alexi and Tony can sell. Even though tacos bring in less revenue per unit, if the demand is great enough, tacos can still be the most profitable overall.
For example: Say they can sell 20 tacos per hour but only 2 cuban sandwiches per hours. They would make $40 per hour in tacos but only $14.50 in sandwiches.
