When a company earns income, it becomes larger because net assets have increased. Even if a portion of the profits is later distributed to shareholders as a dividend, the company has grown in size as a result of its own operations.
        
                    
             
        
        
        
Answer and Explanation:
The computation is shown below:
1. 
Direct Material Price Variance = Actual material cost - Actual Quantity × Standard Price
For Silver 
= $13848 - 577 × 23 
= $577 (U)
For Crystal 
= $2926 - 7700 × 0.40 
= $154 (F)
Direct Material Quantity Variance = (Actual Quantity - Standard Quantity) × Standard Price
For Silver 
= (577 - 1530 × 0.40) × 23 
= $805 (F)
For Crystal 
= (7700 - 1530 × 5) × 0.40 
= $20 (U)
2. 
Direct Labor Rate Variance = Actual Cost - Actual Hours × Standard Rate
= $36915 - 3210 × 12 
= $1605 (F)
And, 
Direct Labor efficiency Variance = (Actual hours - Standard hours) × Standard Rate
= (3210 - 1530 × 2) × 12 
= $1800 (U)
 
        
             
        
        
        
Answer: $1392
Explanation:
The depreciation rate under straight line is =1/5=0.2
The depreciation rate under double declining is = 0.2 × 2 = 0.4 
Depreciation expense for the first year = 0.4 × $5800 = $2320.
At the beginning of year two, net book value = $5800 - $2320 = $3480
Depreciation expense for year two = 0.4 × $3480 = $1392
 
        
             
        
        
        
Answer:
$99.3625
Explanation:
The computation of ex-dividend stock price is shown below:-
Ex-dividend stock price = Stock closing price - Stock dividend × (1 - tax rate)
= $105.64 - $7.75 × (1 - 19%)
= $105.64 - $7.75 × 0.81
= $105.64 - 6.2775
= $99.3625
Therefore for computing the ex-dividend stock price we simply applied the above formula.