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Q: Last year a company had stockholder's equity of $160,000, net operating income of $16,000 and sales of $100,000. The turnover was 0.5. The return on investment (ROI) was: (Points : 5)
10% 9% 8% 7%
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Asked 7/6/2013 10:48:30 PM
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. When computing standard cost variances, the difference between actual and standard price multiplied by actual quantity yields a(n): (Points : 5) combined price and quantity variance efficiency variance price variance quantity variance
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Updated 9/7/2014 3:29:21 AM
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When computing standard cost variances, the difference between actual and standard price multiplied by actual quantity yields a price variance.
Added 9/7/2014 3:29:21 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [9/7/2014 5:30:10 AM]
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