Answer:
$8,000
Explanation:
The computation of the amount of dividend received by the preferred shareholders in year 2 is shown below:
Annual preferred dividend = Par value of preferred stock × Dividend rate on preferred stock
= 200,000 × 4%
= $8,000
By multiplying the par value with the dividend rate we can get the amount of dividend received and the same is shown above
Answer:
The correct option is D,debit Cost of Goods Sold $4,100 and credit Finished Goods Inventory $4,100
Explanation:
The total job costs is $4,100 not $4,400 ,which then means that the cost of goods sold is $4,100.
The appropriate entry for such sale is to credit merchandise inventory since the inventory reduces due to such sale being made while cost of goods sold is debited with the same amount.
In a nutshell, the correct option is D,
Answer:
She should continue producing 20 wedding cakes a month.
Explanation:
From the information in the question
Revenue per unit= Total revenue/Units produced
Revenue per unit= 5000/20= $250
We were given the marginal cost as $200
So our revenue per month ($250) is higher than marginal cost ($200)
Yam is making a profit of $50, so she should continue producing 20 cakes per month
A PROJECT MANAGEMENT OFFICE facilitates the development of organisational ............................
Project management office refers to a department within a business which defines and maintains standards for projects management within that organisation. It is the one that is responsible for setting standard which are used during the executions of projects by the company.
