Answer:
Stock holder's equity in 2017 is $1,680,000
Explanation:
Given:
Common stock = $600,000
Paid in capital = $800,000
Retained earnings = $350,000 that is (200,000 + 150,000)
Stock holders' account credited = 600,000 + 800,000 + 350,000
= $1,750,000
Treasury stock cost = $50,000
Unrealized loss on non-current marketable equity securities = $20,000
Total stockholders' account debited = 50,000 + 20,000
= $70,000
Balance of stockholders' equity as on 31 December 2017 = 1,750,000 - 70,000
= $1,680,000
Answer:
using conventional costing system:
- unit cost mercon = $21.40
- unit cost wurcon = $90.80
total production costs using conventional costing system:
- 4,000 units of mercon = 4,000 x $21.40 = $85,600
- 8,000 units of wurcon = 8,000 x $90.80 = $726,400
Explanation:
Mercon Wurcon
Direct materials cost per unit $9.00 $7.00
Direct labor cost per unit $6.00 $7.00
Direct labor-hours per unit 0.20 2.40
overhead rate applied $6.40 $76.80
Number of units produced 4,000 8,000
overhead rate = total overhead / total direct labor hours = $640,000 / [(4,000 x 0.20) + (8,000 x 2.40)] = $640,000 / 20,000 = $32 per direct labor hour
unit cost mercon = $9 + $6 + $6.40 = $21.40
unit cost wurcon = $7 + $7 + $76.80 = $90.80
Answer:
B) $480,000
Explanation:
In this question we compare the operating income
In the first case,
The operating income is
= Contribution margin - fixed cost
where,
= (Selling price per unit - Variable cost per unit) × Expected sales units per year
= ($100 - $45) × 20,000 units
= $1,100,000
And, the fixed cost is $420,000
So, the operating income is
= $1,100,000 - $420,000
= $680,000
In the second case,
The operating income is
= Contribution margin - fixed cost
where,
= (Selling price per unit - Variable cost per unit) × Expected sales units per year
= ($100 - $45) × 20,000 units
= $1,100,000
And, the fixed cost is $420,000 + $200,000 = $620,000
So, the operating income is
= $1,100,000 - $620,000
= $480,000
Answer:
The statement is False
Explanation:
The given statement is false because the if a person or an individual wants to maintain a high self esteem and a good attitude, one needs to evaluate or determine the follow up from the after interviews that have negative experiences, not with that interviews that have positive experiences.
As if the person evaluates only positive experience, then the person will become overconfidence which is not good . So, it is important to see both positive experience as well as negative experience.
Answer: 7.35%
Explanation:
Based on the information given, the market rate of return on this stock will be calculated as:
= (D1/P0) +G
where,
D1= Dividend at year 1 = 2.20
P = price at present =43.19
G = dividend growth rate =2.25%
We then slot the figures into the formula and we will get:
= (D1/P0) +G
= (2.20 / 43.19) + 2.25%
= 0.051 + 2.25%
= 5.1% + 2.25%
= 7.35%
Therefore, the market rate of return will be 7.35%.
