Answer:
$3.46 per share
Explanation:
The computation of the diluted earning per share is shown below:
But before that the earning per share is
= ($800,000 - (20,000 shares × 3)) ÷ (200,000 shares)
= $3.70 per share
The diluted earning per share is
= ($800,000 - $60,000 + $60,000+ (1,000,000 × 10% ) × (1- 0.30)) ÷ (250,000 shares)
= $865,000 ÷ 250,000 shares
= $3.46 per share
This is the answer but the same is not provided in the given options
Answer:
The prime cost for september is $100,000.
Explanation:
prime cost = Direct material cost + Direct labour cost
= $57,000 + $43,000
= $100,000.
Therefore, the prime cost for september is $100,000.
Answer:
300,000 × 2% = 15,000
15,000 + 660 = 15,660
The correct answer is $15,660
Answer:
b. a 13.33 percent increase in the price of the good
Explanation:
We can write the price elasticity of demand as:
We have to guess which event produces a 10% drop in the quantity demanded (dQ/Q=-0.10).
Knowing the concept of elasticity, this can be produced by a price increase.
The amount of this increase can be estimated knowing the value of the PED (price elasticity of the demand).
Then, what causes the 10% drop in the demanded quantity is a 13.33% price increase.
Answer:
Price; marginal cost; cost minimizing; output; Cost of production or cost of inputs involved in production
Explanation:
In perfect competition a firm is in equilibrium when its marginal cost of production is equal to the price of its product. The firm will be able to maximize profit or minimize cost at this point.
The demand curve is a horizontal line, which means demand is perfectly elastic. A change in the price will cause the demand to become zero.
The cost mentioned here is the cost incurred to employ inputs in the process of production, which is an explicit cost.