Answer:
The earnings per share for 2016 are $5.45 per share while the earnings per share for 2015 were $5.60 per share.
The earnings per share has fallen in 2016 as compared to 2015, thus there is an unfavorable trend.
Explanation:
Earning per share (EPS) is the amount of net income allocable to each share of common stock outstanding. It is a useful measure for investors as it tells them how much $ return a business in earning on every share of common stock. The earnings per share is calculated as follows,
Earnings per share = (Net Income - Preferred dividends) / Weighted average shares on common stock outstanding
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2015 EPS = (376000 - 40000) / 60000 = $5.60 per share
2016 EPS = (448750 - 40000) 75000 = $5.45 per share
Answer:
Increases in the production of one good require larger and larger sacrifices of the other good
Explanation:
Option first is correct because the opportunity cost refers to the sacrifice of another commodity in order to increase the production of one commodity. For example, if a country produces two commodities that are wheat and paddy. So if the country wants to increase the production of wheat then it has to decrease the production of paddy. Thus, the magnitude of decrease of paddy is the opportunity cost of wheat. Therefore, option A is correct.
Answer:
Option (d) is correct.
Explanation:
Given that,
Direct materials = $44,200
Direct labor = $31,800
Manufacturing overhead = $25,200
Selling expenses = $22,100
Administrative expenses = $37,100
Conversion cost:
= Direct labor + Manufacturing overhead
= $31,800 +$25,200
= $57,000
Therefore, the conversion costs during the month totaled $57,000.
Answer:
c. Internal Service Fund
Explanation:
Internal Service Fund -
It refers to the sum of amount required to track the motion of any goods and services from one department to another , is referred to as internal service fund .
The amount spend on the internal service fund is used to determine the complete cost of providing the services and goods .
For example , maintenance is an example of the internal service fund .
Hence , from the given information of the question ,
The correct answer is c. Internal Service Fund .
