Answer:
Indirect cost
Explanation:
Indirect costs are costs that are not directly accountable to a cost object (such as a particular project, facility, function or product). Indirect costs may be either fixed or variable.
Answer: (d.)The bakery faces a flat demand curve.
Explanation:
The bakery faces a flat demand curve because a firm in a perfectly competitive market is a price taker and the demand curve for a firm is equal to the price the supply curve is a part of Marginal cost above Average variable cost , so the supply curve is upward sloping
. The bakery is in the perfectly competitive market so it can earn positive, negative or zero economic profit in the short run and zero economic profit in the long run.
Answer: See explanation
Explanation:
a. Record the warranty accrual at the time of sale in 2020.
Debit Warranty expense = $250,000 × 1% = $2,500
Credit Warranty Liability $2,500
(To record the warranty accrual)
b. Record the adjustment to the warranty accrual for actual warranty costs in 2020.
Debit Warranty Liability $800
Credit Cash and Payables $800
Answer:
$1.45
Explanation:
First of all we need to know what is earnings available to common shareholders (EACS).
EACS is the part of earnings which is available to common shareholders after deducting preference dividend from net income after taxes.
We can understand the as follows
Net Profit after taxes $ xxxx
Less: Preference dividend (xxxx)
Earnings available to.common shareholders xxxx
From this amount is we divide number of common stocks / shares, we will get Earnings Per Share (EPS)
EPS = Earnings available to equity shareholders / number of common stock shares
Dividend Payout Ration to common stock (given) = 20%
It means the comapny is paying 20% of EPS to common stock holders and 80% of EPS is tthe retained earnings of the company
Hence dividend to common stockholder = Earnings available.to common shareholders × dividend payout ratio
= $7.25 × 20%
= $1.45
$1.45 is the dividend which company pay to common shareholders
Retail distribution
The illegal drug business or trade primarily consists of the cultivation, manufacture, distribution and sales of prohibited drugs.
Cultivation and manufacture involves planting and harvesting prohibited drugs from plant sources (e.g. opium or marijuana) and processing the plant raw materials to produce the final product. For synthetic drugs, manufacture entails securing (sometimes by importation) of the chemicals required for the production of a certain drug (e.g. methamphetamine). Importation of the raw materials or final products might also be necessary to meet the demands.
With the final product at hand, the next step is to distribute and sell the drugs -- wholesale or retail. Wholesale distribution and sales involve large amounts (in bulk) of the illegal drugs while retail involves smaller amounts.
