Answer:
$290,450
Explanation:
The computation of the total shareholder equity for the year 2021 is shown below:
= Common stock issued + Net income - Dividends - Treasury stock purchased
= (10,100 shares × $6.90) + (20,800 shares × $9.30) + $109,000 - $41,000 - (3,600 shares × $11.30)
= $69,690 + $193,440 + $109,000 - $41,000 - $40,680
= $290,450
Hence, the total stockholder equity for the year 2021 is $290,450
Answer:
c. Marketing myopia
Explanation:
Marketing myopia occurs when a company focuses only on its needs and capabilities and not on the needs of their customers. Obviously, this will result in decreasing sales volumes and lower profits, and could eventually result in a business failure. In this case, Steven doesn't want to realize that VCRs are no longer wanted by consumers (nor DVDs nowadays).
Answer:
(a) $24 per unit; $136,000
(b) $544,000
Explanation:
(a) Computation of variable cost per unit and the total fixed cost
Let Y1 = $424,000 and Y2 = $640,000,
X1 = 12,000 and X2 = 21,000
variable cost per unit (b) = (Y2 - Y1) ÷ (X2 - X1
)
= ($640,000 - $424,000) ÷ (21,000 - 12,000)
= $24 per unit
Total fixed cost:
Y2 - bX2 = Y1 - bX1
640000 - 24 × 21000 = 424000 - 24 × 12000
$136,000 = $136,000
(b) Computation of total cost for 17000 units of production
Total cost = [variable cost per unit × units produced ] + total fixed cost
= [24 × 17000] + 136000
= $544,000.