BUS 5431 Final Exam 4, Questions With Answers.Your test grade is 86.96%
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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 Incorrectly
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
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