0 Units in beginning inventory Units produced during year 1,200 racquets Units in ending inventory 200 racquets Sales commissions per racquet $10.00 Fixed manufacturing overhead $48,000 Fixed marketing expenses $12,000 Selling price per racquet $200 Variable manufacturing cost per racquet $110 Using variable costing, what is variable cost of goods sold at Preston Racquets for last month? O A. $10,000 B. $22,000 O c. $110,000 OD. $132,000 Plastics used to make products Heating and lighting costs for factory Factory janitor wages Costs of shipping to customers Lubricants used in factory equipment Lighting costs for sales office Depreciation on factory equipment Office supplies for sales office Insurance costs for factory Maintenance worker wages $151,000 $73,000 $67,000 $11,000 $2,000 $17,000 $23,000 $4,000 $15,000 $99,000 Depreciation on factory equipment Office supplies for sales office Insurance costs for factory Maintenance worker wages Freight - in (on plastics) Aluminum used to make products Assembly - line worker wages Salaries of salespeople Period costs for First Sporting Equipment totaled $23,000 $4,000 $15,000 $99,000 $8,000 $175,000 $142,000 $84,000 O A. $99,000 B. $201,000. O c. $32,000. OD. $116,000. Selected financial data for the Entertainment Division of Magic Enterprises is as follows: Sales Operating income Total assets Current liabilities Required rate of return Weighted average cost of capital $7,200,000 $1,440,000 $3,000,000 $800,000 8% 6% What is the Entertainment Division's asset turnover? O A. 2.4 O B. 2.1 OC. 9.0 OD. 5.0