The overall objective in the determination of a transfer price is to:

Mercantile Corporation has sales of $2,000,000, variable costs of $800,000, and fixed costs of $900,000.                     Mercantile’s degree of operating leverage is:

Cost-volume-profit analysis assumes over the relevant range that:

Which of the following capital investment evaluation methods does not take the time value of money into consideration?

If a manufacturing company uses responsibility accounting, which one of the following items is least likely to appear in a performance report for a manager of an assembly line?

The formula for the materials price variance is

A company has total fixed costs of $240,000 and a contribution margin ratio    of 20%. The total sales necessary to break even are

Danny’s Lawn Equipment has actual sales of $800,000 and a break-even point of $520,000. How much is its margin of safety ratio?

The total direct labor hours required in preparing a direct labor budget are calculated using the

The following information pertains to Quest Co.’s Gold Division for the year just ended: Sales $311,000 Variable cost 250,000 Traceable fixed costs 50,000 Average invested capital 40,000 Imputed interest rate 10%  Quest’s return on investment was