Answer:
they are afraid of hearing any negative feedback
Answer:
$30,320
Explanation:
With regards to the above, the cost of the truck would be
= Cash price $26,470 + Sales tax $1,660 + Painting and lettering $2,190
= $30,320
Answer:
$ 145
Explanation:
Units produced 3,500 units
Sale price $ 200 per unit
Direct materials $ 70 per unit
Direct labor $ 55 per unit
Variable manufacturing overhead $ 20 per unit
Variable Costs = $ 145
Variable selling and administrative costs $ 30 per unit
Total Variable Cost = $ 175* 3500= $ 612500
Fixed manufacturing overhead $ 350,000 per year
Fixed selling and administrative costs $ 150,000 per year
Total Costs $1112500
Total Unit Cost = $112500/3500= $ 317.85
Answer:
5,110,000 and 5,170,000.
Explanation:
earnings per share EPS = (net income - preferred dividends) / weighted average of outstanding shares
- 4,800,000 at the beginning of the year
- 200,000 issued April 1 = 200,000 x 9/12 = 150,000
- 480,000 issued September 1 = 480,000 x 4/12 = 160,000
weighted average outstanding shares = 4,800,000 + 150,00 + 160,000 = 5,110,000
diluted shares = ($6,000,000 / $1,000) x 40 x 3/12 = 60,000
diluted EPS = (net income - preferred dividends) / (weighted average of outstanding shares + diluted shares)
weighted average of outstanding shares + diluted shares = 5,110,000 + 60,000 = 5,170,000 shares
