In Python programming language, what is a function statement?

A company has two products: A1 and B2. It uses activity-based costing and has prepared the following analysis showing budgeted c

Mila [183]

Answer:

$4.00

Explanation:

To calculate the approximate overhead cost per unit of product A1 under activity - based costing we have it as

Activity 1 allocated to Product B2 line we have as

$48,000 × 4,800/6,000

= $38,400

Activity 2 allocated to Product B2 line we have it as

= $63,000 × 4,760/7,000

= $42,840

Activity 3 allocated to Product B2 line we have it as

=$80,000 × 800/8,000

= $8,000

Total overhead allocated to Product B2 = $89,240

Overhead per unit of Product B2: $89,240/22,310 = $4.00

As our overhead unit of product

4 0

4 years ago

On October 31, the stockholdersâ€™ equity section of Heins Company consists of common stock $370,000 and retained earnings $904,

katovenus [111]

Answer:

1. Before action

Par value of outstanding shares = 37,000 shares*$10 = $370,000

Common stock in excess of par = Total common stock - Par value of outstanding shares = $370,000 - $370,000 = $0

2. After stock dividend

Stock dividend declared = 6% of 37,000 shares = 2,220 sharea

Market price of shares = $16 per share

Stock dividend declared = $16*2,220 shares= $35,520

Common stock in excess of par = $35,520 - $22,200 = $13,320

Total number of shares outstanding = 37,000 + 2,220 = 39,220

Total par value of common stock = 39,220 * $10 = $392,200

t is out of the retained earnings that the stock dividend is declared from. So, retained earnings after stock dividend = $904,000 - $35,520 = $868,480

3. After stock split

Here , there is no financial impact. The no of shares will get X2 because one share is split into two shares.

Number of outstanding shares = 37000 shares*2 = 74000 shares. Also, no impact on the retained earnings

Before Action After-stock dividend After stock split

<em>Stockholder's equity</em>

Paid in capital $370,000.00 $392,200.00 $370,000

Common stock in $0.00 $13,320.00 $0

excess of par

Total paid in capital $370,000.00 $405,520.00 $370,000

Retained earnings $904,000.00 $868,480.00 $904,000

Total Stockholder's $1,274,000.00 $1,274,000.00 $1,274,000

equity

Outstanding shares 37000 39220 74000

Par value per share $10.00 $10.00 $5.00

6 0

3 years ago

"Suppose a country's real GDP per capita was $9,000 in 1990, and it grew to $18,000 by 2000. What is the annual growth rate of t

zalisa [80]

Answer:

The Annual Growth Rate of the country's real GDP per capita during these 10 years is 7.18%.

Explanation:

The formula that is used to calculate Annual Growth Rate over a number of years is given below:

{ [ (New Value / Old Value) ^ (1 / n) ] - 1 } * 100

where

New Value = 18,000

Old Value = 9,000

n = Number of Years: In this case. 2000 - 1990 = 10 years.

6 0

4 years ago

What is the company’s financial position? Please refer to the income statement and balance sheet for the Exceptional Service Gra

LuckyWell [14K]

Answer:

Gross profit margin requires revenue and gross profit of the company.

Current ratio = 1.386 x

Debt ratio = 0.123 x

Explanation:

Gross profit margin requires revenue and gross profit of the company which is provided in the question but it can be calculated using this formula ; Total revenue / gross profit . where Gross profit = Revenue - cost of goods sold

Current ratio is calculated using the formula ; current assets/ current liabilities lets assume the left column is for the most recent year then current ratio = 4612200/3325950 = 1.386x

Debt ratio is calculated using the formula ; total debts/total assets lets assume once more that the left column is the most recent year. note; total debts = long term + current notes payable = 454800 + 277550

therefore debt ratio = 732350 / 5957800 = 0.123x

attached is the income statement and balance sheet

8 0

3 years ago

How will I apply abm learning strands in real life?

valentinak56 [21]

Answer:

you are the cutest member at brainly have a nice day

6 0

3 years ago