Answer:
b. $530
Explanation:
As provided retained earnings opening balance = $475
Add net income for the year = $130
Balance = $605
Further dividend is paid, which reduces the balance of retained earnings = $75
Balance after paying dividends = $605 - $75 = $530
All the other information provided in question relates to common stock and has no relevance on retained earnings balance.
Therefore, balance of retained earnings at the end of period = $530
Commodity self refers to one's own subjective identity arising from the commodities (goods or services) one purchases and uses.
Ex. You wear clothes that make you popular and the only thing people know you for is "your style "
I would say D because for 10 laptops it’s 60,000 and for 4 of them it’s 2,400 but I’m not sure
Answer:
Fillmore Industries
Fillmore's Systems Division
1. Minimum and Maximum Transfer Prices:
PCB Transistor
Minimum transfer
price $12.00 $3.45
Maximum transfer
price $12.09 $3.58
2. Yes. The Transistor Division can meet this price. It can sell at $2.60 (Variable cost plus markup) by eliminating the fixed cost, which is not a relevant cost.
3. A transfer price of $11 reduces the profitability of the Transistor Division while it increases the profitability of the other division. The transfer price should be a market-competitively determined price to encourage efficiency in the divisions.
Explanation:
a) Data and Calculations:
PCB Transistor
Direct materials 1,85 0,40
Direct labor 4,20 0,90
Variable overhead 2,40 0,70
Fixed overhead 0,85 0,75
Total Cost 9,30 2,75
Marked up Price $12.09 $3.58
Minimum transfer
price $12.00 $3.45
Maximum transfer
price $12.09 $3.58
Market price $12.00 $3.45
Answer:
5,409 books
Explanation:
to calculate break even point in units we can use the following formula:
break even point in units = total fixed costs / contribution margin per unit
- total fixed costs = $53,000
- contribution margin per unit = sales price - variable costs = $12 - $2.20 = $9.80
break even point in units = $53,000 / $9,80 = 5,408.16 ≈ 5,409 books
in $, that would equal = 5,409 books x $12 per book = $64,908