Answer:
$81, $75, and $69
a. Market value of existing shares = 215000 * $81 = $17415000
Value of New shares issued = 48000 * $81 = <u>$3888000</u>
<u>$21,303,000</u>
Price after issue of new shares = 21,303,000 / (215000 + 48000)
= 21,303,000 / 263,000
= $81
Conclusion: No changes ($0 per share
b. Market value of existing shares = 215000 * $81 = $17415000
Value of New shares issued = 48000 * $75 = <u>$3600000</u>
<u>$21015000</u>
Price after issue of new shares = 21015000 / (215000 + 48000)
= 21,015,000 / 263,000
= $79.90
Conclusion: There is a decrease in amount (81 - 79.90) = $1.10 per share
c. Market value of existing shares = 215000 * $81 = $17415000
Value of New shares issued = 48000 * $69 = <u>$3312000</u>
<u>$20,727,000</u>
Price after issue of new shares = 20,727,000 / (215000 + 48000)
= 20,727,000 / 263,000
= $78.81
Conclusion: There is a decrease in amount (81 - 78.81) = $2.19 Per share
Answer: $29,000
Explanation:
Hello.
Your question was incomplete so I attached a picture showing the missing details.
Cost of Goods sold using First in First Out where the earliest goods are sold first.
Seeing as we have 4,000 units left, that means that none of the stock purchased on the 8th of November have been sold.
1,000 units of the stock purchased on the 18th of June remain.
Cost of Goods sold is therefore,
= 1,000*8 + 3,000 * 7
= $29,000
Cost of goods for Inventory available is $29,000
Answer:
A. $816,000
Explanation:
The formula to compute the net sales is shown below:
= Total sales - sales returned
where,
Sales returned = Total sales × sales return percentage
= $850,000 × 4%
= $34,000
And, the total sales is $850,000
Now put these values to the above formula
So, the value would equal to
= $850,000 - $34,000
= $816,000
Payment alternatives are part of the Selection & Purchase phase <span>of the research-based buying process. This is the third phase of the process and includes:
</span>Negotiation activities to obtain lower price or added quality, payment alternatives including use of cash & various credit plans and assessment of acquisition & installation that might be encountered
Question Completion:
Estimated manufacturing overhead costs = $156,000
Estimated direct labor cost = $390,000
Estimated direct materials cost = $350,000
Answer:
Pajama Corp.
The cost driver rate = $0.40 per DL cost.
Explanation:
a) Data and Calculations:
Estimated manufacturing overhead costs = $156,000
Estimated direct labor cost = $390,000
Estimated direct materials cost = $350,000
Cost driver rate = $0.40 ($156,000/$390,000)
b) To calculate the cost driver rate, Pajamas Corp. divides the total estimated manufacturing overhead costs by the cost driver (direct labor cost). This implies that the cost driver rate is the total cost of activity pool divided by its cost driver. This yields the amount of overhead and indirect costs related to a particular activity.
