<u>Solution and Explanation:</u>
<u>The retained earning statement for the company Crane for the year 2017 is as follows:
</u>
Martinez Company
Retained Earnings Statement
For the Year Ended December 31, 2017
Retained Earnings, January 1 $2,190,000
Less: Correction of Depreciation Error $382000
Retained Earnings, January 1, as adjusted $1,808000
Add: Net Income $929000
Less: Dividends $226000
Retained Earnings, December 31 $2,511000
Retained earnings at the starting year is to be considered and depreciation and dividend amount is to be deducted whereas the net income is to be added.
Answer:
Contribution margin per unit= $15.8
Explanation:
Giving the following information:
Direct Materials $4.85
Direct Labor $4.70
Variable manufacturing overhead $1.65
Selling price= $27
The contribution margin per unit is calculated by deducting from the selling price the direct material, direct labor, and variable overhead:
Contribution margin per unit= 27 - 4.85 - 4.7 - 1.65= $15.8
Answer:
a. stockholders and creditors
Explanation:
Financial accounting is utilized by stockholders and creditors in order to make business decisions.
The shareholder use financial accounting reports to determine if the company's performance is as expected and to decide if more money should be invested or funds invested be pulled out (through the sales or transfer of equity).
Creditors use financial accounting to analyze the ability of the company to pay up debts owed to them when due, also to know if to continue to extend credit facilities to the organization.
Production employees rarely use financial accounting, rather, they are more concerned with management accounting considering elements like production cost, material variances, sales budget etc.
Customers are predominantly concerned about the availability of products and the presence of close substitute.
Hence the right option is a.
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How are minorities affected by healthcare?
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How does socioeconomic status affect health care?
Access to healthcare is significantly impacted by low SES. Low-income individuals are more likely to be Medicaid beneficiaries or uninsured, have worse quality healthcare, seek medical attention less frequently, and are more likely to do so in an emergency.
Learn more about socioeconomic status affect health care: brainly.com/question/12482069
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