Answer and Explanation:
The computation is shown below:
a. Total sales is
= 550 clients × $150
= $82,500
Variable costs is
= 60% of sales
= 60% × $82,500
= $49,500
Now
Contribution margin is
= total sales - variable costs
= $82,500 - $49,500
= $33,000
and, Contribution margin per unit is
= contribution margin ÷ total units
= $33,000 ÷ 550
= $60
And,
Contribution margin ratio is
= contribution margin ÷ total sales
= $33,000 ÷ $82,500
= 40%
Answer:
A. $48 comma 000 $48,000
Explanation:
The total dividend to be declared in 2016 = Preference dividend outstanding + common stock holder dividend.
Burkert company has not declared any preference dividend in 2014 and 2015. The preference dividends are cumulative and the company has to pay prior years dividends also. The annual preference dividend amounts $16,000 (4,000 shares * $100 par value * 4% preferred stock)
The cumulative preference dividend for 3 years 2014, 2015 and 2016 will be $16,000 * 3 years = $48,000
The common stock dividend that a company must declare in order for every shareholder to receive atleast $1 is $50,000.
Answer:
The amount is $4,000 and Brain character reflects the capital gain.
Explanation:
Partnership: In partnership, there are two or more partners who are ready to share the profit or losses in their profit-loss sharing ratio.
The computation is shown below:
= Brain's basis - the inside basis
= $16,000 - ($20,000 - $8,000)
Since the brain basis show excess amount than inside basis which reflects the capital gain
.
The inside basis is not relevant in the computation part. Hence, it is ignored.
Answer:
Local government officials would like to know if city residents are generally satisfied with the cleanliness of local streets and recreation areas is explained below in detail.
Explanation:
A fresh and safe environment is necessary for neighborhoods to flourish and succeed. In local governments, we participate the concept that environmental security and health are integrated and can be an actuality for all of our residents. When holes arise, we take voluntary actions to decrease health inequalities and safeguard our atmosphere, particularly for those most exposed to unfavorable environmental conditions.
Answer:
Units produced in the year
Explanation:
The production method of calculating depreciation helps in calculating the depreciation that truly reflects the fall in value of the asset by the production of number of units. This way of allocation of is useful where the life of the machinery can be easily measured and also that the method truly represents the fall in value.
The complete formula is under:
Depreciation = (Cost – Residual Value) * Act. Production / T.Estd Production
