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Step2247 [10]
2 years ago
10

If a corporation has only one class of stock, it is referred to as preferred stock. solitary stock. common stock. classless stoc

k.
Business
1 answer:
riadik2000 [5.3K]2 years ago
8 0

Common stock

If a corporation has only one class of stock, it is referred to as Common stock.

<h3>What is a common stock?</h3>
  • A security that symbolizes ownership in a firm is called common stock.
  • Common stock owners choose the board of directors and cast ballots for corporate rules.
  • Long-term rates of return are often higher with this type of stock ownership.

<h3>What is the name of common stock?</h3>

ordinary share

  • The ownership of equity in a firm is represented by common stock, a category of securities.
  • There are several words that are equivalent to the term "common stock," such as "common share," "ordinary share," or "voting share."

<h3>The benefits of common stock</h3>
  • More so than bonds or cash, equity ownership offers the highest rate of return over the long term.
  • Long-term returns on common stocks have exceeded 6% real, making them one of the finest ways to beat inflation.

To learn more about common stock visit:

brainly.com/question/13762106

#SPJ4

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Dobles Corporation has provided the following data from its activity-based costing system: The Assembly Cost Pool has a total co
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A.  

$95.34 per unit

Explanation:

activity cost pool     total cost(a)       total activity(b)        activity rate

assembly                  $228060         180000 hours             $12.67

processing oders       $34068             1200 orders             $28.39

inspection                   $125560           1720 hours                 $73.00

Cost per activity is obtained by dividing total cost for each activity pool with its respective total activity. Cost per activity is helpful to identify the total cost allocated to each activity.

particulars               expected activity         per activity rate    total cost

assembly                  460 hours                     $12.67                  $5828.20

processing orders    80 orders                      $28.39                 $2271.20

inspection                   10 hours                       $73.00                  $730.00

manufacturing overhead                                                            $8829.40

Manufacturing overhead is the other costs that are neither direct material cost and nor direct labor cost. Here we add the total cost incurred in each cost pool to arrive at manufacturing overhead of $8,829.40. The manufacturing overhead incurred is allocated to each cost pool as per the activity and per activity rate.

manufacturing overhead per unit = manufacturing overhead/total units produced

= $8829.40/420

= $21.02

product cost per unit = direct material per unit + direct labor per unit + manufacturing overhead cost per unit

                                    = $48.96 + $25.36 + $21.02

                                    = $95.34

Therefore, the unit product cost of product D28K is closest to $95.34

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