77) Rider Company had the complying with financial results for last month. Which type of obligation center carry out these financial outcomes reflect?

Gretzel Subunit

Actual

Flexible BudgetFlexible Budget

Variance

(U or F)

% of Variance

(U or F)

Direct materials$30,000$28,000$2,000 U 7.14% U

Direct labor15,00014,0001,000 U7.14% U

Indirect labor25,00022,0003,000 U13.64% U

Utilities12,00010,0002,000 U20.0% U

Depreciation25,00025,00000

Repairs and

Maintenance

4,000

5,000

1,000 F

20.00% F

Total$111,000$104,000$7,000 U6.73% U

A) Cost center

B) Profit center

C) Investment center

D) Revenue facility

78) Corbin Company kind of had the complying with financial outcomes for last month. What type of responsibility center carry out these financial results reflect?

One store

Actual

Flexible BudgetFlexible Budget

Variance

(U or F)

% of Variance

(U or F)

Revenues$220,000$200,000$20,000 F10.00% F

Operating Expenses 80,00070,00010,000 U14.29% U

Income from operations before business dept. charges

140,000

130,000

10,000 F

7.69% F

Service department charges40,00040,00000

Income from operations100,00090,00010,000 F11.11% F

A) Revenue center

B) Investment facility

C) Profit center

D) Cost center

79) Elaina Company had the complying with financial outcomes for last month. What type of responsibility facility execute these results reflect?

Selle Co. –

Subunit X

Revenue by

Product

Actual

Flexible

Budget

Variance

Flexible

Budget

Sales

Volume

Variance

Static

(Master)

Budget

WD-40$630,000$10,000 F$620,000$20,000 F$600,000

WD-60520,00030,000 U 550,00040,000 F510,000

WD-80125,000 5,000 U130,00010,000 U140,000

QD-40225,00025,000 F200,00040,000 U240,000

QD-60425,0005,000 F420,000 20,000 F400,000

Total$1,925,000$5,000 F$1,920,000$30,000 F$1,890,000

A) Profit facility

B) Revenue center

C) Investment center

D) Cost center

80) The duties of an investment center manager are similar to those of a CFO of an entire agency.

You are watching: The performance evaluation of a profit center is typically based on its

81) The duties of an investment center manager are comparable to those of a CEO.

82) Companies evaluate investment facility performance the means they evaluate profit center performance.

83) Rerevolve on Investment (ROI) is identified as operating revenue split by current assets.

84) The resources turnover is operating revenue separated by sales.

See more: Which Statement Is True About The Narrators’ Different Perspectives?

85) Residual Income (RI) equals operating revenue much less minimum acceptable revenue.