Commodity self refers to one's own subjective identity arising from the commodities (goods or services) one purchases and uses.
Ex. You wear clothes that make you popular and the only thing people know you for is "your style "
Answer:
3 quarters of dividends are to be paid to preferred shareholders when the next dividend is paid
Explanation:
The preferred cumulative shareholders were owed 2 quarters of dividends prior to now.Since the company has now resolved to pay all dividends in arrears alongside the ones for the current quarter, it is naturally expected that the preferred stockholders will not only receive dividends for the current quarter but also with the dividends in arrears of 2 previous quarters.
From the above, the the dividends expected now are for 3 quarters overall.
Answer:
$59,400
Explanation:
Operating income = Contribution - Fixed Costs
therefore,
<u>At the activity of 28,000 units results will be :</u>
Contribution (28,000 units x $3.50) $98,000
Less Fixed Costs ($38,600)
Operating Income $59,400
Thus,
The operating income expected if the company produces and sells 28,000 units is $59,400
Answer:
D. $ 4,000.50
Explanation:
Purchase of merchandise $ 4,000
Return of merchandise $ (275)
Net purchase of merchandise <u>$ 3,725</u>
Discount allowed @ 2 % of $ 3,725 $ (74.50)
Add: Transportation costs allowed <u>$ 350</u>
Total amount paid to merchandise <u>$ 4,000.50</u>
The merchandise returned is considered to determine the net purchases. Since the payment was made on the payment terms and discount is availed, that is also reduced.
The transportation costs is also added to the cost of the merchandise
Answer:
E. 160,000; 167,500
Explanation:
Direct Materials
Started and complete 120,000
We also need to add the ending WIP which count entirely because the materials are added completely.
The beginning WIP has materials added completely already. It required no extra work.
120,000 +40,000 =160,000
Conversion
Started and complete 120,000
ending WIP 40,000 x 1/4 = 10,000
beginning WIP 50,000 X3/4 = 37,500
total 167,500
we add the ending WIP
and the unfinished beginning WIP
it has 1/4 completed so 3/4 are unfinished
