Answer:
(c) MUa/Pa = MUb/Pb
Explanation:
The Utility Maximization Rule is
MUa/Pa = MUb/Pb, where MUa represents the marginal utility derived from good a, Pa represents the price of good a, MUb represents the marginal utility of good b and Pb represents the price of good b.
Answer:
Basic earnings per share = $1.7
Diluted earnings per share = $1.03
Explanation:
Basic earnings per share = (Net Income - preferred dividends)/Weighted average shares outstanding
Basic earnings per share = (1,060,000-108,000)/560,000
Basic earnings per share = $1.7
Diluted earnings per share = [Net Income - preferred dividend]/(outstanding shares+Diluted Shares)
Diluted earnings per share = (1,060,000-108,000) / (560,000+360,000 )
Diluted earnings per share = $1.03
What are the answers a picture
Answer and Explanation:
The computation of the overhead rate for each activity is as follows;
Overhead rate is
= Respective overhead cost ÷ Respective activity
For Machine setups
= ($202,800 ÷ 2,600 setups)
= $78 per setup
For Machining
= ($364,500 ÷ 24,300 machine hours)
= $15 per machine hour
For Inspection
= ($88,000 ÷ 1,600 inspections)
= $55 per inspection
In this way it is calculated