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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

Relevant or differential cost analysis:

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

Which situation below might indicate a company has a low quality of earnings?

Clemente Inc. incurs the following costs to produce 10,000 units of a subcomponent:                                                         Direct materials                       $ 8,400                                                       Direct labor                              11,250                                                       Variable overhead                  12,600                                                       Fixed overhead                       16,200                                                An outside supplier has offered to sell Clemente the subcomponent for $2.85 a unit.                                                If Clemente accepts the offer, it could use the production capacity to produce another product that would generate additional income of $3,600. The increase (decrease) in net income from accepting the offer would be:

The following is a summarized income statement of Carr Co.’s profit center No.43 for March: Contribution margin $70,000Period expenses:Manager’s salary $20,000Facility depreciation 8,000Corporate expense allocation 5,000 (33,000)Profit center income $37,000 Which of the following amounts is most likely subject to the control of the profit center’s manager?