Question: Question 24 (4 points) Listen The Commercial Division of Galactica Company has operating income of $217,000 and assets of $804,000. The minimum acceptable return on



Question 24 (4 points) Listen The Commercial Division of Galactica Company has operating income of $217,000 and assets of $804,000. The minimum acceptable return on assets is 13%. What is the residual income for the division? $197,300 $248,500 O $112,480 586,120 Question 26 (4 points) Listen The following data relate to direct materials costs for February: Materials cost per yard: standard, $2.40; actual, $2.50 Yards per unit: standard, 6.35 yards; actual, 6.75 yards Units of production: 8,400 The direct materials quantity variance is $8,064.00 unfavorable $4,750.00 unfavorable. $4,512.50 favorable $8,064.00 favorable
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