6.4%
200 from the 5% of 4000
140 from 4% on 3500
160 on 6.4% on 2500
Answer: D. Smaller measure of tolerable misstatement.
Explanation:
The sample size simply means the number of participants that are included in a study. They're the group of subjects which are picked and selected from the population and represents the general population for that study.
From the options given, it should be noted that a smaller measure of tolerable misstatement will lead to a larger sample size.
Answer:
The factory overhead allocated per unit of Product A in the Painting Department = 7 * 15.623= $ 109.37
Plantwide Overhead Rate= $328,100 /21000= 15.623
Explanation:
Overhead Total Direct Labor Hours DLH per Product A B
Painting Dept. $245,600 9,50 7 7
Finishing Dept. 82,500 1 1,500 3 4
Totals $328,100 21,000 10 11
Plantwide Overhead Rate= Total Manufacturing Overhead/ Direct Labor Hours
Plantwide Overhead Rate= $328,100 /21000= 15.623
The factory overhead allocated per unit of Product A in the Painting Department = 7 * 15.623= $ 109.37
Answer: $38,200
Explanation:
There are 28,000 Outstanding shares with a $13 market value.
That means that in total they are valued at,
= 28,000 * 13
= $364,000
The firm announced a 15% dividend so we take 15% of the total amount.
= 15% * 364,000
= $54,600
$54,600 is the total amount they will pay as dividends.
Dividends are taken from the Retained Earnings meaning that the balance in Retained earnings is therefore,
= $92,800 - $54,600
= $38,200
$38,200 will be the balance in the retained earnings account after the dividend.
