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1. If investment is $300 000, credit sales are $800 000 and cash sales are $300 000, the investment turnover ratio is:
2. If the profit margin is 12.5% and investment turnover is 1.1 times, return on investment is:
3. If the contribution margin is $24 for product T and $8 for product Z, fixed costs are $30 000 and the sales mix is 25% product T and 75% product Z, the weighted average contribution margin is:
4. The following information is available for product XX5.

Direct material costs $48.00 per unit of product

Costs of machining $37.50 per machine hour

Costs of packing $12.50 per carton packed

What is the total full cost of an order for 1000 units of product XX5 which will use 65 machine hours and 45 cartons?

1. The cost pool, machine set-ups, has an estimated overhead of $120000. The machines in the pool produce two products: X (200 set-ups) and Y (400 set-ups). If 10 000 units of product X are produced, the amount of machine set-up costs that will be assigned to each unit of X is:
2. If profit after tax is $800 000, taxation is $230 000, the required rate of return is 12% and the investment is $3 000 000, the residual income calculation is:
3. Division K has a contribution margin of $100 000 and fixed costs traceable to the division of $25 000 mean it is making a divisional margin of $75 000. However after the allocation of $90 000 of common costs, which would not be saved if the division were to be closed, it is making a loss of $15 000. Assuming all other factors are equal, if the division were closed, the effect on the overall profit of the organisation would be:
4. If investment is $300 000, credit sales are $800 000 and cash sales are $300 000, the investment turnover ratio is:
5. Assume Air Tec manufactures only one component for the air conditioning industry. In a year the company produced 12 000 units of the component of which 10 000 were sold. The following costs were recorded for that year:

$

Direct material

500 000

Direct labour

150 000

Manufacturing overhead

220 000

Administrative expenses

97 000

If there were 1000 units in beginning inventory, calculate the value of ending inventory for Air Tec.

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