Answer and Explanation:
The Journal entry is shown below:-
March 17
Stock Dividend Dr, $84,750 (113,000 × 5% × $15)
To Common Stock Dividend Distributable $56,500 (113000 × 5% × $10)
To Paid in capital in excess of Par - Common Stock $28,250
(Being stock dividend is recorded)
Here we debited the stock dividend and we credited the Common Stock Dividend Distributable and Paid in capital in excess of Par - Common Stock
Answer:
16.1 days
Explanation:
Note: The full question is attached as picture below
Daily demand d = 520
Annual demand D = 520*250 = 130000
Setup cost S = $680
Production rate p = 875
Holding cost H = 0.25*25 = 6.25
Optimal order quantity Q
Q = 8350
Length of production run = Q/d
Length of production run = 8350/520
Length of production run = 16.05769230769231
Length of production run = 16.1 days
Answer:
d. increase the price of coffee paid by buyers, decrease the net price of coffee received by sellers, and decrease the equilibrium quantity of coffee.
Explanation:
A tax is an amount levied by the government on a good or service.
A tax increases the price of the good.
Burden of tax is borne by consumers and producers depending on who has the greater price elasticity.
A tax would increase the amount paid by consumers for a cup of coffee and reduce the amount received by suppliers.
A tax would reduce the quantity demanded and supplied, so equilibrium quantity would fall
I hope my answer helps you
<span>I believe the answer for you question would be life-cycle</span>
Answer:
$50.50 per machine-hour
Explanation:
The computation of the plant wide overhead rate is shown below:
Plant wide Overhear Rate = Estimated Manufacturing Overhead ÷ Expected Machine-hours
where,
Estimated Manufacturing Overhead = Estimated Indirect Labor + Estimated Factory Utilities
= $6,520,000 + $550,000
= $7,070,000
And, the expected machine hours is 140,000
So, the plant wide overhead rate is
= $7,070,000 ÷ 140,000 machine hours
= $50.50 per machine-hour
