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dolphi86 [110]
3 years ago
8

Otis Thorpe Corporation has 10,000 shares of $100 par value, 8%, preferred stock and 50,000 shares of $10 par value common stock

outstanding at December 31, 2020.Answer the questions in each of the following independent situations.(a) If the preferred stock is cumulative and dividends were last paid on the preferred stock on December 31, 2017, what are the dividends in arrears on December 31, 2020, balance sheet?The amount of dividends in arrears on the December 31, 2020
Business
1 answer:
Y_Kistochka [10]3 years ago
4 0

Answer:

Explanation:

Dividend in arrears for 3 years from Dec 2017 to Dec 2020

= 10,000 X $100 X 8% X 3

= $240,000

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Youngstown Glass Company manufactures three types of safety plate glass: large, medium, and small. All three products have high
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Answer:

                                                           Large    Medium    Small

Unit selling price                                 $184      $160       $100

Unit variable cost                                  130        120          76

Unit contribution margin                     $54        $40        $24

Autoclave hours per unit                       3            2              1

Total process hours per unit                 5            4              2

Budgeted units of production           3,000     3,000    3,000

a. Determine the contribution margin by glass type and the total company income from operations for the budgeted units of production.

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  • total contribution margin for small safety plate glasses = $24 x 3,000 = $72,000

b. Prepare an analysis showing which product is the most profitable per bottleneck hour.

contribution margin per autoclave hour:

  • large safety plate = $54 / 3 = $18 per autoclave hour
  • medium safety plate = $40 / 2 = $20 per autoclave hour
  • small safety plate = $24 / 1 = $24 per autoclave hour ⇒ MOST PROFITABLE PRODUCT PER AUTOCLAVE HOUR (BOTTLENECK)

7 0
3 years ago
As a result of new global competition, companies have had to make a wide variety of high-quality custom-designed products at a v
Rudiy27

Answer:

Number 4 is correct. <u>Mass customization.</u>

Explanation:

In this question, the most appropriate alternative is mass customization.

It can be defined as a process where companies produce goods and services for an expanded market, but that such products are modified and personalized to meet the needs and desires of a potential customer.

Mass customization allows the company to produce customized products with the advantage of productive flexibility and low unit costs that come from the mass manufacturing process.

This is a marketing strategy that is used to generate value for the consumer, since the company is able to offer a product with greater added benefits and at the same time maintain low manufacturing costs, which creates value and increases consumer satisfaction.

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3 years ago
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3 years ago
In a business-to-business transaction, the seller offers the buyer a 2 percent discount for paying a bill early. Assuming the us
chubhunter [2.5K]

Assuming the user took advantage of this offer, the amount that would be discounted on a $10,000 invoice is: $200.

<h3>Discounted amount </h3>

Using this formula

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Therefore assuming the user took advantage of this offer, the amount that would be discounted on a $10,000 invoice is: $200.

Learn more about Discounted amount  here:brainly.com/question/12965533

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8 0
1 year ago
Which of the following accurately describes a shortage?
muminat
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3 years ago
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