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Marina CMI [18]
3 years ago
5

Vignana corporation manufactures and sells hand-painted clay figurines of popular sports heroes. shown below are some of the cos

ts incurred by vignana for last year: cost of clay used in production $ 76,000 wages paid to the workers who paint the figurines $ 99,000 wages paid to the sales manager's secretary $ 31,000 cost of junk mail advertising $ 48,000 what is the total of the conversion costs above? multiple choice $79,000 $175,000 $76,000 $99,000
Business
1 answer:
SVETLANKA909090 [29]3 years ago
8 0

Answer:

$175,000

Explanation:

Conversion costs are production costs that must be incurred in order to change raw materials into products.

Therefore, we have:

Total of the conversion costs = Cost of clay used in production + wages paid to the workers who paint the figurines = $76,000 + $99,000 = $175,000

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Answer:

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Explanation:

Given

Net Income Average = $33,480

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Required

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Earnings Per Share = \frac{N - P}{W}

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So, P= 0

Substitute $33,480 for N and 9,300 for W.

The formula becomes;

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Earnings Per Share = \frac{33,480}{9300}

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