Answer and Explanation:
The computation is shown below:
Fixed cost per unit is
= Higher Profit under Absorption costing ÷ units exceeded than sales
= $16,000 ÷ 1,000 units
= $16 per unit
Sales price per unit
= Contribution Margin Per Unit ÷ Contribution Margin Ratio
= ($16 + $14) ÷ (62.50%)
= $48
Variable Cost Per Unit is
= Sales Price Per Unit - Contribution Margin Per Unit
= $48 - $30
= $18 per unit
Unit sales volume is
= Total Profit under Absorption costing ÷ profit per unit
= $168,000 ÷ $14 per unit
= 12000 units
We simply applied the above formulas
The companies that paid dividends for 100 consecutive years is: b. Stanley Works c. Corning Glass Works, d. Pullman, Inc.
<h3>What is dividend?</h3>
Dividend can be defined as the money a company or an organization paid yearly to their shareholders and the money the company paid to their shareholders are from the profit they make or generated.
Shareholders often invest their money in a business or buy part of a company shares in which they in turn receive profit from the company they invested their money into.
Stanley Works, Corning Glass Works and Pullman, Inc. are the companies that has been paying dividend to their shareholders 100 consecutive years.
Therefore the companies that paid dividends for 100 consecutive years is: b. Stanley Works c. Corning Glass Works, d. Pullman, Inc.
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Answer:
<u>TRIAL BALANCE:</u>
Debit Credit
Cash 79600
AR 7500
Supplies 400
slaries expense 3100
op- expense 16100
supplies expense 1600
dividends 2000
Account Payable 3000
saalaries expense 3100
Unearned Revenue 5100
Common Stock 60000
Service revenue 39100
110300 110300
Explanation:
We have to record eahc time an accoutn is used and once we got all transactions we determiante the balance
Cash
Debit Credit
60000
8200
28500
15100
2000
<u>96700 17100</u>
<em>79600</em>
AR
Debit Credit
36000
<u> 28500</u>
7500
Supplies
Debit Credit
2000
<u> 1600</u>
400
salaries expense op- expense supplies expense
Debit Credit Debit Credit Debit Credit
3100 16100 1600
Account Payable
Debit Credit
2000
16100
15100
<u>15100 18100 </u>
3000
Salaries Payable
Debit Credit
3100
Unearned Revenue
Debit Credit
8200
<u>3100 </u>
5100
Common Stock
Debit Credit
60000
Service revenue
Debit Credit
36000
<u> 3100 </u>
39100
Then we construct the trial balance which all these account balance.
Answer: B.) 18.67%
Explanation:
WACC = Debt/(Depth +Equity)
Equity Details ;
Stock price = $15.25 per share
Total stock = 10,000,000
DEBT details :
Total bond = 40,000
Interest on bond = $875
WACC =(40,000×875) ÷ [(40,000 × 875)+(10, 000,000×15.25)]
WACC =[ 35,000,000 ÷ (35,000,000 +152500000) ]
WACC =35,000,000 ÷ 187500000
WACC = 0.18666666666666
WACC = 18.67%