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stepladder [879]
4 years ago
12

The following data were taken from the balance sheet accounts of Masefield Corporation on December 31, 2019.

Business
1 answer:
viktelen [127]4 years ago
7 0

Answer:

Please see below

Explanation:

a. A 5% stock dividend is declared and distributed when the market per share was $39.

Common stock par value($10) 500,000

Retained earning = 50,000 × 5% × 39

= $97,500

Common stock dividend distributed

50,000 × 5% × $10

= $25,000

See attached further explanations.

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The point where marginal cost curve crosses the ____________ and ___________ curve is where the profit maximizing quantity deman
Hoochie [10]

Answer:

This question is incomplete, the options are missing and the word "and" between the gaps is wrong and should not be there.

The options are the following:

a) Marginal revenue

b) Average revenue

c) Variable cost

d) Fixed cost

And the correct answer is the option A: Marginal revenue.

Explanation:

To begin with, in the microeconomics theory the marginal analysis is very well known for being one of the reasons why the price is determined in the markets under the laws of economic sciences. Moreover, this marginal analysis focus on the interaction between all the curves that represents the costs and revenues that are related to the consumer of a good or service in a particular market. In the graphic, the point where the marginal cost curve equals the marginal revenue curve is where the profit maximizing quantity demanded and the price are the same and therefore those are the equilibrium numbers.

5 0
3 years ago
Which of the following steps in a measuring system involves implementing an effective recognition system?Develop and improve pro
seraphim [82]

Answer:

All results should have a well-defined and habitual interference plan.

3 0
3 years ago
You are one of nine partners of MobileWorks, a partnership organized to manufacture and sell mobile networking devices. You rece
adelina 88 [10]

Answer:

Try try but don't cry I think we don't lose our hopes

4 0
3 years ago
NoFly Corporation sells three different models of a mosquito "zapper." Model A12 sells for $61 and has variable costs of $43. Mo
Minchanka [31]

Answer:

See explanation

Explanation:

We first calculate weighted avg total break even point.

The formula or this is,

Total Break even = Total fixed costs / Weighted avg contribution

Weighted avg contribution = (Contribution of A12 * Weight of A12) + (Contribution of B22 * Weight of B22) + (Contribution of C124 * Weight of C124)

Contribution/ Product =

A12 = 61 - 43 = $18

B22 = 108 - 78 = $30

C124 = 413 - 316 = $97

Thus,

Weighted avg Contribution = (18*0.56) + (30*0.27) + (97*0.17) = $34.67

Total Break even = 249624/ 34.67 = 10085 units in total

Simply multiply total break even units with each products weight to calculate qty for each product to b produced.

A12 = 10085*0.56 = 5647.6 units

B22 = 10085*0.27 = 2722.94 units

C124 = 10085*0.17 = 1714.45 units

as per the sales mix.

We can also calculate how many units of each individual product are required for break even as,

A12 = 249624/18 = 13868 units

B22 = 249624/30 = 8320.8 units

C124 = 249624/97 = 2573.44 units

Hope that helps.

7 0
4 years ago
Ski Master Company pays weekly salaries of $3,100 on Friday for a five-day week ending on that day. Required: Journalize the nec
balandron [24]

Solution:

3,100 / 5 = 620 per day

So the wages outstanding we need to pay still are the 3 days left in the year (the work was done so we must match the revenues and expenses)

Wages Expense = 620 * 3 = 1,860

Wages Payable......1,860

(620 * 3) to accrue wages that have not yet been paid

6 0
3 years ago
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