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BUS 5431 Final Exam 4, Questions With Answers

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BUS 5431 Final Exam 4, Questions With Answers.Your test grade is 86.96% The professor has configured this test to allow students to: Show Questions Answered Correctly Show Questions Answered Incorr... ectly Show All Responses Selected By Student Show What The Correct Response Should Be QUESTION: 1 [QUESTION BANK ID: 33564] TYPE: MULTIPLE CHOICE CORRECT The West division of the Thunderbolt Company has invested capital of $800,000. This division incurred $80,000 in interest expense and $30,000 in income tax expense in July. If this division reported a return on investment of 16.5% net operating profit after taxes (NOPAT) must be A $132,000 B $145,200 C $140,250 D $150,150 QUESTION: 2 [QUESTION BANK ID: 83927] TYPE: MULTIPLE CHOICE CORRECT The Paisley Company has budgeted production for the next two months as follows: July 15,000 units August 18,000 units Each unit requires 3 pounds of material. Raw materials at the beginning of July total 15,000 pounds. Raw materials at the end of each month should equal 10% of the next month’s production requirements. Budgeted purchases of raw materials for July is A 35,400 B 54,600 C 48,000 D 45,000 QUESTION: 3 [QUESTION BANK ID: 170465] TYPE: MULTIPLE CHOICE CORRECT An unfavorable flexible-budget variance for variable costs may be the result of A Using more input quantities than were budgeted B Paying higher prices for inputs than were budgeted C Both A and B are correct D None of the other answers is correct [Show More]

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