36) The process by which management plans, evaluates, and controls investments in fixed assets is called a. variable cost b. cost-volume-profit c. capital investment d. absorption cost 39) The expected average rate of return for a proposed investment of $515,300 in a fixed asset with a useful life of 4 years, straight-line depreciation, no residual value, and an expected total income of $297,080 for the 4 years is (round to two decimal places) * a. 28.83%. * . 1.15% * c. 14.41% * d. 0.58% 40.) Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,660 pounds of material at $5.00 and standard costs for 4,490 pounds of material at $6.00 per pound. The direct materials quantity variance is a. $1,020 unfavorable O b. $1,020 favorable O c. $4,660 unfavorable a. $4,660 favorable