Bonita Industries had average operating assets of $6300000 and sales of $3550000 in 2022. If the controllable margin was $693000, the ROI was O 11% O 20% 40% O 56%

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Bonita Industries had average operating assets of $6300000 and sales of $3550000 in 2022. If the controllable margin was $693000,
the ROI was
R
O 11%
O 20%
O 40%
O 56%
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Transcribed Image Text:Bonita Industries had average operating assets of $6300000 and sales of $3550000 in 2022. If the controllable margin was $693000, the ROI was R O 11% O 20% O 40% O 56% Save for Later O I ( 2 1' e Attempts: 0 of 1 used Submit Answer 55°F CH
Crane Company is preparing its direct labor budget for May. Projections for the month are that 27400 units are to be produced and
that direct labor time required is three hours per unit. If the labor cost per hour is $10, what is the total budgeted direct labor cost for
May?
O $807000.
O $900000.
O $822000.
O $792000.
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Transcribed Image Text:Crane Company is preparing its direct labor budget for May. Projections for the month are that 27400 units are to be produced and that direct labor time required is three hours per unit. If the labor cost per hour is $10, what is the total budgeted direct labor cost for May? O $807000. O $900000. O $822000. O $792000. Save for Later O E >> 400 C Attempts: 0 of 1 used Submit Answer PriBe 55°F
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