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just olya [345]
3 years ago
15

Krimton corporation's manufacturing costs last year consisted of $150,000 of direct materials, $200,000 of direct labor, $40,000

of variable manufacturing overhead, and $25,000 of fixed manufacturing overhead. prime cost was:
Business
1 answer:
tankabanditka [31]3 years ago
5 0
Prime cost=direct material+direct labor

Direct material 150000
Direct labor 200000

So
Prime cost=150000+200000
Prime cost=350000

Hope it helps!
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Sparks Corporation has 3,000 shares of 8%, $100 par value preferred stock outstanding at December 31, 2017. At December 31, 2017
Korvikt [17]

Answer:

We can assume that Sparks Corporation is going to pay preferred stockholders first:

preferred stock dividends = $100 x 8% x 3,000 = $24,000

If the corporation doesn't owe any previous dividends to preferred stockholders, then the remaining $81,000 (= $105,000 - $24,000) should be distributed to common stockholders.

Each preferred stock will receive a $8 dividend. I don't know the amount of outstanding common stock, so it is not possible to determine how much dividend will be distributed for each common stock outstanding.

7 0
3 years ago
​Electric, Inc. was incorporated on January​ 1, 2016. Electric issued​ 4,000 shares of common stock and​ 1,200 shares of preferr
S_A_V [24]

Answer:

$57,600

Explanation:

The computation of the total amount paid to preferred shareholders are shown below:

= Number of shares for preferred stock × par value × dividend rate × number of years

= 1,200 shares × $100 × 12% × 4 years

= $57,600

In case of cumulative, the number of years would be four years for dividend paid

All other information which is given is not relevant. Hence, ignored it

8 0
4 years ago
Dell first chooses whether to offer Symantec $30 or $20 for each copy of its software, and then Symantec responds by either acce
Veronika [31]

Answer:

The correct answer is Dell will offer​ $20 per copy of the software and Symantec will accept the offer.

Explanation:

A Nash equilibrium is a situation in which all players have put into practice, and know that they have done so, a strategy that maximizes their earnings given the strategies of others. Consequently, no player has any incentive to individually modify their strategy.

It is important to keep in mind that a Nash equilibrium does not imply that the best joint result for the participants is achieved, but only the best result for each of them considered individually. It is perfectly possible that the result would be better for everyone if, in some way, the players coordinated their action.

In economic terms, it is a kind of imperfect balance of competition that describes the situation of several companies competing for the market of the same good and who can choose how much to produce to try to maximize their profit.

5 0
3 years ago
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alexdok [17]

Answer:

D. Has not committed an unethical act since the loan was documented in writing.

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Section 102 of the Uniform Securities Act of 1956 specifies that it is unlawful and unethical for an investment adviser representative to enter into a contract with a client except it is provided in writing that he does not stand to gain any financial profit, that no assignment of the contract would be made without the consent of the other party, and that if there is any change in the membership of the contract, the other party would be notified.

So, if the contract was documented between the investment adviser and the client, then it would not be unethical conduct.

6 0
4 years ago
Marketing intermediaries add __________ utility to products by having them available when consumers want them.
ryzh [129]

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<u>Time utility</u> is a marketing tool used by the business firms like retails to add value to products and to bridge the gap between the products and consumers.

Hence, in this case, it is concluded that the correct answer is "<u>time utility</u>."

Learn more here: brainly.com/question/12514869

3 0
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