Answer:
$31,800
Explanation:
All Non Manufacturing expenses are treated as Period costs. Period Costs are expensed in Income Statement.
<u>Calculation of Total Period Costs</u>
Sales commissions expense $15,600
Administrative office supplies $7,300
Administrative Office salaries expense $8,900
Total $31,800
Conclusion
The total costs that will be expensed when incurred on the income statement for the period is $31,800.
Answer: company can produce boxes 100 times per year.
Explanation:
Ordering cost per order, S = $250
Annual demand, D = 500,000
Holding or carrying cost per unit, = $10
Economic order Quantity = ![\sqrt{2 x Annual demand X ordering cost /carrying cost}](https://tex.z-dn.net/?f=%5Csqrt%7B2%20x%20Annual%20demand%20%20X%20%20ordering%20cost%20%2Fcarrying%20cost%7D)
=
=
= 5000
Optimal order quantity = 5000 boxes.
Number of times company can produce boxes = Annual Demand/ Optimal order quantity = 500,000 / 5000 = 100 times
Hi
The role that government regulation serve in business is to Protect consumers and producers
I hope that's help !
Answer:
a. Dividends to Preferred shareholders:
Total dividends:
= 20,000 * 50 * 6%
= $60,000
Dividends per preferred share:
= 60,000 / 20,000 shares
= $3.00 per share
Common shareholder dividends
Common shareholders get the remaining dividends that did not go to Preferred shareholders:
= 160,000 - 60,000
= $100,000
Common dividends per share:
= 100,000 / 50,000 shares
= $2.00 per share
b. These are cumulative preferred shares which means that accrued dividends must be paid off:
Preferred shares in total would be:
= 60,000 * 2
= $120,000
Preferred dividends per share:
= 120,000 / 20,000
= $6.00 per share
Common dividends in total:
= 160,000 - 120,000
= $40,000
Common dividends per share:
= 40,000 / 50,000 shares
= $0.80 per share