E. 11.2%

E. 231,800

D. 36%

E. 63.1%

D. 140,250

E. 125,250

Kragle Corporation reported the following financial data for one of its divisions for the year, average invested assets of $480,000, sales of $940,000, and income of $105,280. The investment center profit margin is: Multiple Choice Carter Company reported the following financial numbers for one of its divisions for the year, average total assets of $4.140,000, sales of $4,565,000, cost of goods sold of $2,590,000, and operating expenses of $1,412,000. Assume a target income of 8% of average invested assets. Compute residual income for the division: Multiple Choice O $158,000 o o O $241800 O $199.300 O S45,040 $45.040 Ultimo Co operates three production departments as profit centers. The following information is available for its most recent year Department I's contribution to overhead as a percent of sales is: Dept. Sales 1 $1,110,000 510,000 810,000 Cost of Goods Sold $711,000 161,000 311,000 Direct Expenses $110,400 51,000 161,000 Indirect Expenses $ 91,000 111,000 31,000 Multiple Choice o oo Fallow Corporation has two separate profit centers. The following information is available for the most recent year: Sales (net) Salary expense Cost of goods sold West Division $350,000 41,000 125,000 East Division $500,000 55,000 235,000 The West Division occupies 8,750 square feet in the plant. The East Division occuples 5,250 square feet. Rent, which was $ 70,000 for the year, is an indirect expense and is allocated based on square footage Compute operating income for the West Division Multiple Choice O $183750 O $140,000 0 $139,000