Sales $114,000 Operating Income $39,900 Total Assets $71,250 Sales Margin (ROS) ? Capital Turnover ? Return on Investment (ROI) ? Target Rate of Return (Cost of Capital) 10% Residual Income ? What are the answers to the question marks? You Answered Sales Margin Correct Answer35% You Answered Capital Turnover Correct Answer1.6 You Answered ROI Correct Answer56% You Answered Residual Income

Vintage fun reproduces oldminusfashioned style roller skates and skateboards. the annual production and sales of roller skates is 950 units, while 1,750 skateboards are produced and sold. the company has traditionally used direct labor hours to allocate its overhead to products. roller skates require 2.5 direct labor hours per unit, while skateboards require 1.25 direct labor hours per unit. the total estimated overhead for the period is $114,300. the company is looking at the possibility of changing to an activityminusbased costing system for its products. if the company used an activityminusbased costing system, it would have the following three activity cost pools: the overhead cost per skateboard using the traditional costing system would be closest to: a. $9.31. b. $65.31. c. $25.05. your answer is not correct.d.

Within the relevant range, if there is a change in the level of the cost driver, then a. total fixed costs will remain the same and total variable costs will change b. total fixed costs will change and total variable costs will remain the same c. total fixed costs and total variable costs will change d. total fixed costs and total variable costs will remain the same

Inflation is when money is paid for the same amount of goods and services than in a previous time period. the same amount less more none of the above