Set 3
( TCO E ) Preparing purchase orders is a ( n ) ( Points : 5 ) batch-level activity . product-level activity . unit-level activity . organization sustaining activity .
2 . ( TCO G ) Given the following data , what would ROI be ? Sales $ 70,000 Net operating income $ 10,000 Contribution margin $ 20,000 Average operating assets $ 50,000 Stockholder ' s equity $ 25,000 ( Points : 5 ) 28.6 % 20.0 % 40.0 % 50.0 % 3 . ( TCO C ) Heckaman Corporation produces and sells a single product . Data concerning that product appear below . Selling price per unit $ 115.00 Variable expense per unit $ 56.35 Fixed expense per month $ 299,115 4 . TCO B ) Industrial Supply Corporation uses the weighted-average method in its process costing system . Data concerning the first processing department for the most recent month are listed below . Work in process , beginning : Units in beginning work in process inventory 400 Materials costs $ 6,900 Conversion costs $ 2,500 Percent complete for materials 80 % Percent complete for conversion 15 % 5 . ( TCO D ) Topple Company produces a single product . Operating data for the company and its absorption costing income statement for the last year are presented below . Units in beginning inventory 0