When you create a list of references for a potential employer, it's important to make sure they are people who have worked with you in a professional setting. These references should not be family members or close friends who aren't really knowledgable on your work history or work ethics.
Answer:
$1.47
Explanation:
Diluted earnings per share = Earnings before preferred stock dividends ÷ Weighted Average Number of Common Stock Outstanding
<em>where,</em>
<u>Earnings before preferred stock dividends is calculated as :</u>
Net Income $3,470,000
Add Preferred Stock Dividends $195,000
Earnings attributable to Common Stock holders $3,665,000
<u>Weighted Average Number of Common Stock Outstanding is calculated as </u>:
Outstanding end of the year 2,500,000 shares
therefore,
Diluted earnings per share = $3,665,000 / 2,500,000 shares = $1.47
Answer:
$6.25 per person.
Explanation:
This can be calculated as follows:
Expected number of people = 100
Expected number of people that would free ride = 20
Number of expected people to pay = Expected number of people - Expected number of people that would free ride = 100 - 20 = 80
Cost to charge per person = Total cost / Number of expected people to pay = $500 / 80 = $6.25 per person.
Therefore, city officials should charge $6.25 per person for the concert series in order to cover the $500 expense.
Lower of cost or Market
The historical cost is 260
So we need to find the market value
First we have to determine the floor and ceiling
(NRV)Ceiling = selling price - cost to complete and disposal =$310
Floor=NRV-normal profit margin = 310-(0.35*310)=$201.5
Market price cannot be above ceiling or below floor so we should use the current replacement cost of $240
To calculate the ending inventory =240*60 =14,400 (in stock)
Answer:
Actual overhead= $153,400
Explanation:
Giving the following information:
During the year the company's Finished Goods inventory account was debited for $360,000 and credited for $338,800. The ending balance in the Finished Goods inventory account was $36,600.
At the end of the year:
Manufacturing overhead was overapplied by $15,900.
If the applied manufacturing overhead was $169,300.
Because the manufacturing overhead was overapplied, we need to subtract from the applied overhead to determine the actual overhead.
Actual overhead= applied overhead - overapplied overhead
Actual overhead= 169300 - 15900= $153,400
