Sales Variances Presented is information pertaining to an item sold by Winding Creek General Store: Actual Budget
Unit sales 145 110
Unit selling price $29 $23
Unit standard variable costs (20) (20)
Unit contribution margin $9 $3
Revenues $4,205 $2,530
Standard variable costs (2,900) (2,200)
Contribution margin at standard costs $1,305 $330

Required:
Compute the revenue, sales price, and the sales volume variances.

Your sister is thinking about starting a new business. the company would require $375,000 of assets, and it would be financed entirely with common stock. she will go forward only if she thinks the firm can provide a 13.5% return on the invested capital, which means that the firm must have an roe of 13.5%. how much net income must be expected to warrant starting the business? a. $41,234b. $43,405c. $45,689d. $48,094e. $50,625