Answer:
$29,400
Explanation:
The company will distribute dividends only to outstanding shares, since the number of outstanding shares is not specified, we should assume that all the 49,000 shares issued are outstanding shares. The company declared a 2% dividend, so we must multiply the current value of the stock times 2% = $30 x 2% = $0.60 per share.
The total amount distributed was 49,000 outstanding shares x $0.60 per share = $29,400
Answer:
The answer id: D) Yes, because Stanford and DiggyWerx each receive a benefit and incur a detriment.
Explanation:
Both Stanford and DiggyWerx both receive a benefit from this contract; Stanford gets $5,500 and DiggyWerx gets accounting services for six months.
They both also incurred detriment since; Stanford promised to perform his accounting duties and DiggyWerx promised to pay him money.
Both parties incurred detriment (promised to do something) and something of value is exchanged benefiting both parties, so consideration exists and therefore the control is enforceable.
The answer to this question is "Market Orientation" such as when the homeowner <span>visited the home depot to buy what he thought he needed to fix a leaking toilet, he gathered up materials totaling almost $70. When on his way to check out, an employee asked him what was he trying to fix. After some discussion, the employee convinced the homeowner that a $5.99 replacement part would fix the problem better than the materials he thought he needed and with less trouble. This kind of discussion between employees and customers is commonplace at the home depot and indicates the retail store has a MARKET orientation.</span>
Answer:
$112,000
Explanation:
The computation of using activity based costing for overhead costs to activity cost pools is below:-
Factory utilities for processing
= $99,000 × 0.30
= $29,700
Factory utilities for Setting up
= $99,000 × 0.50
= $49,500
Factory utilities for others
= $99,000 × 0.20
= $19,800
Total = $99,000
Indirect Labor for processing
= $13,000 × 0.20
= $2,600
Indirect labor for setting up
= $13,000 × 0.30
= $3,900
Indirect labor for others
= $13,000 × 0.50
= $6,500
Total = $13,000
Overhead costs = $99,000 + $13,000
= $112,000