Determine the amount that the second regions cost


Questions:

1. Ralston Company has income from operations of $75,000, invested assets of $360,000, and sales of $790,000.

Required:

Use the DuPont formula to calculate the rate of return on investment, and show (a) the profit margin, (b) the investment turnover, and (c) rate of return on investment.

Question-2

Dexter Company's costs were over budget by $56,000. The Dexter Company is divided in two regions. The first region's costs were over budget by $8,000.

Required:

Determine the amount that the second region's cost was over or under budget

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Accounting Basics: Determine the amount that the second regions cost
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