Rooney corporation’s balance sheet indicates that the company has $630,000 invested in operating assets. during 2018, rooney earned operating income of $79,380 on $1,260,000 of sales. required compute rooney’s profit margin for 2018. compute rooney’s turnover for 2018. compute rooney’s return on investment for 2018. recompute rooney’s roi under each of the following independent assumptions: (1) sales increase from $1,260,000 to $1,512,000, thereby resulting in an increase in operating income from $79,380 to $90,720. (2) sales remain constant, but rooney reduces expenses, resulting in an increase in operating income from $79,380 to $81,900. (3) rooney is able to reduce its invested capital from $630,000 to $504,000 without affecting operating income.\

The cutting department of cassel company has the following production and cost data for july. production costs 1. transferred out 12,300 units. beginning work in process $0 2. started 3,900 units that are 60% materials 62,856 complete as to conversion labor 12,622 costs and 100% complete as manufacturing overhead 23,100 to materials at july 31. materials are entered at the beginning of the process. conversion costs are incurred uniformly during the process. determine the equivalent units of production for (1) materials and (2) conversion costs. materials conversion costs total equivalent units of production link to text link to text compute unit costs. (round unit costs to 2 decimal places, e.g. 2.25.) materials $ conversion costs $ link to text link to text prepare a cost reconciliation schedule. (round unit costs to 2 decimal places, e.g. 2.25 and final answers to 0 decimal places, e.g. 1,225.) cost reconciliation costs accounted for transferred out $ work in process, july 31 materials $ conversion costs total costs $