An operations costing system is a. identical to a process costing system except that actual cost is used for manufacturing overhead. b. the same as a process costing system except that materials are allocated on the basis of batches of production. c. the same as a job order costing system except that materials are accounted for in the same way as they are in a process costing system. d. the same as a job order costing system except that no overhead allocations are made since actual costs are used throughout. e. a system in which manufacturing activities are finely divided into individual, discrete steps or operations.

University hero is considering expanding operations beyond its healthy sandwiches. jim axelrod, vice president of marketing, would like to add a line of smoothies with a similar health emphasis. each smoothie would include two free health supplements such as vitamins, antioxidants, and protein. jim believes smoothie sales should fill the slow mid-afternoon period. adding the line of smoothies would require purchasing additional freezer space, machinery, and equipment. jim provides the following projections of net sales, net income, and average total assets in support of his proposal. sandwichesonly sandwiches and smoothies net sales $ 750,000 $ 1,350,000 net income 120,000 210,000 average total assets 350,000 750,000 return on assetschoose numerator ÷ choose denominator = return on assets÷ = return on assets÷ = profit margin÷ = profit margin÷ = asset turnover÷ = asset turnover÷ = times