The following costs appear in Malgorzata Company’s flexible…

The following costs appear in Malgorzata Company’s flexible budget at an activity level of 15,000 machine-hours   Total cost Indirect materials 7,800 Factory rent 18,000 What would be the flexible budget amounts at an activity level of 12,000 machine-hours if indirect materials is a variable cost and factory rent is a fixed cost?

In August, the Universal Solutions Division of Jugan Corpora…

In August, the Universal Solutions Division of Jugan Corporation had average operating assets of 670,000 and net operating income of 77,500. The company uses residual income, with a minimum required rate of return of 12%, to evaluate the performance of its divisions. What was the Universal Solutions Division’s residual income in August?