Brandon Inc

question 105

Multiple Choice

Brandon Inc., has provided the following data for last year's operations: Brandon's return on investment (ROI) is:

• A)6%
• B)10%
• C)15%
• D)24%

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Definitions:

Planned Activity Level

The expected volume of production or sales used in budgeting and decision-making processes.

Machine Hours

A measure of the amount of time a machine is operated, used for allocating manufacturing costs.

Flexible Budget Total

A financial plan that adjusts or varies with changes in the volume of activity or business.

Direct Labor Hours

The total hours of labor directly involved in producing goods or services, often used as a basis for allocating overhead costs.