Answer:
Option (B) is correct.
Explanation:
Equivalent units of production(EUP) - Materials:
= Transferred out + Ending balance
= 10,451 units × 100% + 3,483 units × 100%
= 10,451 + 3,483
= 13,934
Equivalent units of production(EUP) - conversion:
= Transferred out + Ending balance
= 10,451 units × 100% + 3,483 units × 36%
= 10,451 + 1,253.88
= 11,704.88
Material cost = ![\frac{Cost\ of\ direct\ material}{EUP\ material}\times units\ transferred\ out](https://tex.z-dn.net/?f=%5Cfrac%7BCost%5C%20of%5C%20direct%5C%20material%7D%7BEUP%5C%20material%7D%5Ctimes%20units%5C%20transferred%5C%20out)
Material cost = ![\frac{97,538}{13,934}\times 10,451](https://tex.z-dn.net/?f=%5Cfrac%7B97%2C538%7D%7B13%2C934%7D%5Ctimes%2010%2C451)
= 73,157
Conversion cost = ![\frac{Direct labor+overhead}{EUP\ conversion}\times units\ transferred\ out](https://tex.z-dn.net/?f=%5Cfrac%7BDirect%20labor%2Boverhead%7D%7BEUP%5C%20conversion%7D%5Ctimes%20units%5C%20transferred%5C%20out)
Conversion cost = ![\frac{51,257+8,903}{11,705}\times 10,451](https://tex.z-dn.net/?f=%5Cfrac%7B51%2C257%2B8%2C903%7D%7B11%2C705%7D%5Ctimes%2010%2C451)
Conversion cost = ![\frac{60,160}{11,705}\times 10,451](https://tex.z-dn.net/?f=%5Cfrac%7B60%2C160%7D%7B11%2C705%7D%5Ctimes%2010%2C451)
= 53,715
Therefore,
Total cost of units completed during the period(10,451 units):
= Material cost + Conversion cost
= 73,157 + 53,715
= 126,872
Answer: All of the Above
Explanation:
The Clayton Act of 1914 was passed to curb unfair business practices as well as to protect the rights of labour.
Some practices that were prohibited when they led to less competition include,
- A firm acquiring a major percentage of the stocks of a competing firm because this could signify an amalgamation of efforts on the part of both firms and they could therefore have some control over Pricing.
-A director from one business sitting on the board of a competing firm because this could lead to cooperating or Corperate espionage.
- A buyer is forced to buy multiple products from a producer in order to get a desired product is expressly forbidden.
Answer:
The correct answer is letter "C": Critical Thinking.
Explanation:
Critical Thinking is the type of thinking that allows individuals to discriminate and have a particular judgment over a specific matter. It helps by determining accuracy and validity on that topic by gathering a certain quantity of information to then highlight the most relevant.
Answer:
There are several factors to consider when accepting a new job offer. It is necessary to analyze whether the working conditions are in accordance with your expectations and career plan.
It is important to consider the roles and responsibilities of the position that you may assume, analyzing the job's assignments will give you a margin to consider whether the job offer is in line with your profile. It is also important to analyze the remuneration and benefits package offered to the position, as this can be advantageous and will influence your choice of accepting or not the offer.
Finally, it is important to analyze whether the offer is an opportunity that will contribute to your personal and professional growth, as in the work environment, there will always be new challenges that will be positive for the development of new skills and knowledge.
Answer:
(a) $4.08
(b) $51.03
Explanation:
Constant growth rate for earnings:
= (EPS for any year ÷ EPS for the previous year) - 1
= (8.40 ÷ 8.00) - 1
= 0.05
= 5%
(a) EPS for 2016 = EPS for 2015 × (1 + 5%)
= 9.72 × 1.05
= $10.21
Dividend for 2016 = 40% × EPS for 2016
= 40% × 10.206
= $4.08
(b) Stock Price at the beginning of 2016:
= Dividend for 2016 ÷ (Required rate of return - Constant growth rate)
= 4.0824 ÷ (0.13 - 0.05)
= $51.03