Managerial Accounting

Q.1 Arshan Industries is a division of a major corporation. Last year the division had total sales of $23,380,000, net operating income of $2,828,980, and average operating assets of $7,000,000. The company’s minimum required rate of return is 12%.
Required: a. What is the division’s margin? b. What is the division’s turnover? c. What is the division’s return on investment (ROI)? (1.5 Marks)
Q.2 The following direct labor standards have been established for product K-19:
The following data pertain to the most recent month’s operations during which 3,860 units of product K-19 were made:
Required:
a. What was the labor rate variance for the month?
b. What was the labor efficiency variance for the month?
(

Q.3 The following standards have been established for a raw material used in the production of product O99:
The following data pertain to a recent month’s operations:
Required:
a. What is the materials price variance for the month?
b. What is the materials quantity variance for the month
(
Q.4 Abdulrahman Co. prepared the following product-line income data:
Required: Prepare an analysis showing whether Product C should be eliminated.
Information and details in the attachments

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