Answer:
$932 per unit
Explanation:
The computation of direct materials cost per equivalent unit is shown below:-
Work in process ending 100% complete in material = 840 + 290
= 1,130
Total cost = Direct material + Direct materials costs added during March
= $346,000 + $707,500
= $1,053,500
Material Equivalent unit cost = Total cost ÷ Units to account for
= $1,053,500 ÷ 1,130
= $932 per unit
<span>The three main markets that casinos generally target are the: 1) low-end or Grind Players, 2) the middle-range players, and 3) the high-end players which include the Whales.Casino's frequently reach middle-range customers by using direct mail campaigns and news letters.</span>
Answer:
Earning per share for the year 2016 is $2.68
Explanation:
For computing the earning per share, we have to use the formula of earning per share which is shown below:
= Net income ÷ total number of outstanding shares
where,
Net income is $937,500
And, the total number of outstanding shares equals to
= 2015 shares + 2016 shares
= 300,000 + 50,000
= 350,000
Now put these values to the above formula
So, the earning per share would be equals to
= $937,500 ÷ 350,000 shares
= $2.68
The earning after tax is not considered. Thus, it is ignored.
Hence, earning per share for the year 2016 is $2.68
The answer is not C it is actually D. from P1 to P2 the demand curve is shifting outwards, therefore creating an increase in demand
Answer:
Change in Assets is $127,500
Explanation:
The accounting equation for a corporation is:
Assets = Liabilities + Stockholders' Equity
⇒ Liabilities = Assets - Stockholders' Equity
= $285,000 - $130,500
= $154,500
At the end of years,
- Liabilities amount = Liabilities in the beginning + Change in liabilities = $154,500+ $90,000 = $244,500
- Stockholder's equity amount = Stockholder's equity + Change in stockholder's equity = $130,500 + $37,500 = $168,000
The assets at the end of year = $168,000 + $244,500 = $412,500
Change in Assets = $412,500 - $285,000 = $127,500
Shorter answer:
Change in Assets = Change in Liabilities + Change in Stockholders' Equity
= $90,000 + $37,500 = $127,500
