1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
belka [17]
3 years ago
10

Suki health foods has 19,000 shares of $5 par common stock outstanding, which were issued at $12 per share. suki also has a defi

cit balance in retained earnings of $75,000. how much is suki's total stockholders' equity?
Business
1 answer:
Y_Kistochka [10]3 years ago
5 0

We can calculate for the total stockholders’ equity by using the formula:

Total stockholders’ equity = Number of Shares * Price per Share – Deficit Balance

Substituting our given values:

Total stockholders’ equity = 19,000 shares * ($12 / share) - $75,000

Total stockholders’ equity = $153,000

You might be interested in
The market opportunities most relevant to a company are those that
Wewaii [24]

Answer:

are in their directly related field, they are going to have more market opportunities if they stick to their target market

Explanation:

3 0
3 years ago
Department A had a beginning inventory balance of 25 units which were 40% complete. During the accounting period, the department
GarryVolchara [31]

Answer:

the equivalent units of production is 250 units

Explanation:

The computation of the equivalent units of production is units under FIFO method is shown below:

= Opening inventory balance in units + additional units - ending inventory balance units

= 25 units + 275 units - 50 units

= 250 units

hence, the equivalent units of production is 250 units

We simply applied the above formula so that the correct value could come

And, the same is to be considered

5 0
3 years ago
Rudd Clothiers is a small company that manufactures tall-men's suits. The company has used a standard cost accounting system. In
yawa3891 [41]

Answer: See explanation

Explanation:

1. The total, price, and quantity variances for materials will be:

Actual Production = 11250

Standard Quantity of Direct Material Required per unit = 8

Standard Quantity of Direct Material required (SQ) = 11250*l × 8 = 90000

Standard Price per Yard (SP) = 4.4

Actual Direct Material (AQ) = 90500

Actual Price per Pound (AP) = 4.15

Total Material Variance:

= (SP × SQ) - (AP × AQ)

= (4.40 × 90000) - (4.15 × 90500)

= 396000 - 375575

= 20425

Direct Material Price Variance:

= AQ × (SP - AP)

= 90500 × (4.40 - 4.15)

= 90500 × 0.25

= 22625 Favourable

Direct materials quantity variance:

= SP × (SQ - AQ)

= 4.40 × (90000 - 90500)

= 4.40 × -500

= -2200 Unfavourable

2. The total, price, and quantity variances for labor will be:

Actual Production = 11250

Standard Hours Required per unit = 1.2

Standard Hours required (SH) = 11250 × 1.20 = 13500

Standard Rate per Hour (SR) = 13.4

Actual Hours required (AH) = 14250

Actual Rate per Hour (AR) = 14.1

Total Labour Variance:

= (SR × SH) - (AR × AH)

= (13.40 × 13500) - (14.10 × 14250)

= 180900 - 200925

= -20025 Unfavourable

Dircet Labour RateVariance:

= AH × (SR - AR)

= 14250 × (13.40 - 14.10)

= 14250 × -0.7

= -9975 Unfavourable

Direct Labour efficiency variance:

= SR × (SH - AH)

= 13.40 × (13500 - 14250)

= 13.40 × -750

= -10050 Unfavourable

6 0
3 years ago
What is MLS <br><br><br>:) :) :) :)​
Nikolay [14]

Answer:

Multiple Listing Service

Explanation:

6 0
3 years ago
You just decided to begin saving for retirement. You will make deposits of $1,000 per month into a retirement account that earns
Andreas93 [3]

Answer:

Monthly withdraw= $4,752.01

Explanation:

Giving the following information:

Monthly deposit= $1,000

Number of perios= 361 months

Interest rate= 0.08/12= 0.0067

<u>First, we need to calculate the Future Value at the moment of retirement:</u>

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

FV= {1,000*[(1.0067^361) - 1]} / 0.0067

FV= $1,513,584.37

<u>Now, we can calculate the monthly withdraw:</u>

PV= 1,513,584.37 - 900,000= $613,584.27

Monthly withdraw= (FV*i) / [1 - (1+i)^(-n)]

Monthly withdraw= (613,584.37*0.0067) / [1 - (1.0067^-300)]

Monthly withdraw= $4,752.01

8 0
2 years ago
Other questions:
  • Brian is responsible for the promotions and public relations of his firm, which produces rubber tires. a recent development in t
    9·1 answer
  • CallahanCallahan Pools manufactures swimming pool equipment. CallahanCallahan estimates total manufacturing overhead costs next
    10·1 answer
  • Cost allocation involves: Multiple Choice
    6·1 answer
  • Overhead expenses are budgeted at $2,000 per month. Included in the $2,000 are $500 of monthly depreciation expense and $200 of
    11·1 answer
  • Opportunities for college graduates in international business continue to decrease as it gets more expensive to travel abroad.
    15·1 answer
  • A project requires an initial investment of $10 million today. If the cost of capital exceeds the project IRR, then the project
    11·1 answer
  • Wingate Company, a wholesale distributor of electronic equipment, has been experiencing losses for some time, as shown by its mo
    5·1 answer
  • A description of how a particular society distributes its resources to produce goods and services is the definition
    6·1 answer
  • How much interest will Henry save if he finances the vehicle over 36 months instead
    7·1 answer
  • A+student+receives+a+35%+similarity+rate+on+their+lopeswrite+score. +what+does+this+mean+and+what+should+that+student+do+before+
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!