Explanation:
The retained earnings are calculated by adding net income to (or subtracting net losses from) the previous term's retained earnings and then subtracting any net dividend(s) paid to the shareholders. The figure is calculated at the end of each accounting period (quarterly/annually.)
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Answer:
Option (D) is correct.
Explanation:
Calculation of total manufacturing overhead:-
4000 units manufacturing overhead:
= Production volume × Manufacturing overhead
= 4,000 × $94
= $376,000
5000 units manufacturing overhead:
= Production volume × Manufacturing overhead
= 5,000 × $77.60
= $388,000
Variable cost per unit:
= 12
Fixed cost = Total cost - variable cost
= $388,000 - 5,000 × 12
= $388,000 - $60,000
= $328,000
So total monthly fixed manufacturing cost is $328,000.
Answer:
A. All of these 3 other possible answers that are listed here are true reasons.
Explanation:
If we are to use wage the rate of change in wages or inflation, as a proxy for inflation in the economy, when there is unemployment, the number of persons searching for work is significantly greater than the number of jobs available for the people who are unemployed. What we mean is, the supply of labor is greater than the demand for it.
With the availability of many workers, there's little need for employers to "bid" for the services of employees by paying them good wages.
Answer:
$1,521,800
Explanation:
The computation of cost basis is shown below:-
Three cells cost price = 3 × $470,000
= $1,410,000
Combination of rate charges = $30,000 + $16,000 + $39,000 + $3,600
= $88,600
Wages of one foreman = wage per hour × weeks worked × hours per week
= $29 × 5 × 40
= $5,800
Wages of 4 foremen = 4 × $5,800
= $23,200
Three cells cost basis = Three cells cost price + Combination of rate charges + Wages of one foreman
= $1,410,000 + $88,600 + $23,200
= $1,521,800
