Answer:
$12.40
Explanation:
Activity Estimated Indirect Allocation Base Estimated Q. of
Activity Costs Allocation Base
<u>Materials handling $7,700 Number of parts 7,350 parts </u>
<u>Assembling $10,500 Number of parts 7,350 parts </u>
Packaging $2,410 Number of units 1,470 bookshelves
The direct materials cost per bookshelf is $39. What is the cost of materials handling and assembling per bookshelf?
materials handling cost per part = $7,700 / 7,350 parts = $1.05
assembling cost per part = $10,500 / 7,350 parts = $1.43
total cost per part = $2.48
cost per bookshelf = 5 x $2.48 = $12.40
Answer:
$1.45
Explanation:
First of all we need to know what is earnings available to common shareholders (EACS).
EACS is the part of earnings which is available to common shareholders after deducting preference dividend from net income after taxes.
We can understand the as follows
Net Profit after taxes $ xxxx
Less: Preference dividend (xxxx)
Earnings available to.common shareholders xxxx
From this amount is we divide number of common stocks / shares, we will get Earnings Per Share (EPS)
EPS = Earnings available to equity shareholders / number of common stock shares
Dividend Payout Ration to common stock (given) = 20%
It means the comapny is paying 20% of EPS to common stock holders and 80% of EPS is tthe retained earnings of the company
Hence dividend to common stockholder = Earnings available.to common shareholders × dividend payout ratio
= $7.25 × 20%
= $1.45
$1.45 is the dividend which company pay to common shareholders
It should be noted that when demand for a product is unit elastic and one would expect sales to equal: 5 units.
<h3>What is elastic demand?</h3>
An elastic demand can be regarded as the demand whereby change in quantity demanded due to a change in price is large.
An inelastic demand entails change in quantity demanded due to a change in price is small.
Learn more about elastic demand at;
brainly.com/question/24384825
