Answer:
An opportunity cost
Explanation:
The opportunity cost is the cost where the loss occurs from the benefit could have been enjoyed in the case when the best alternative choice was selected Since in the question it is mentioned that the company operating at a capacity and than lose revenue from the regular customers so it is an opportunity cost
Answer:
Contribution margin per machine hour for bread machines = $320
Explanation:
From the question, the following can be deduced:
Selling price Variable costs Contribution/unit
Toaster Ovens $100 $60 $40
Bread machines $140 $60 $80
In each machine hour, six toaster ovens per machine hour and four bread machines are manufactured
Total contribution margin per machine hour = 6*40+4*80 =$560
Of which contribution margin per machine hour for bread machines = 4*80=$320
Answer:
An example of service is a man or woman who is a US Marine. Service is defined as someone or something that is intended to provide help to those providing assistance to others. An example of service is an elevator in a hotel that is meant to be used by hotel staff.
Explanation:
Answer:
a.
Cash 27000 Dr
Common Stock 13500 Cr
Paid in capital in excess of par-Common stock 13500 Cr
b.
Cash 135000 Dr
Preferred Stock 135000 Cr
Explanation:
a.
When we issue stock at premium, we always record the amount received from such issuance of stock at full. So, the cash account will be debited for 4500 * 6 = 27000
However, we record the common stock issued at par value and the remaining is credited under the reserve account which is Paid in capital in excess of par.
Thus the common stock will be credited by its par value of 4500 * 3 = 13500 and the remaining 4500 * 3 will be credited to the Paid in Capital account.
b.
The par value of the preferred stock is 4500 * 30 = 135000
Thus the preferred stock is issued at par and we simply debit the cash received from the issue and credit the preferred stock.
Answer: $4 per share
Explanation:
The par value of the common stock is given as:
= 
= 
= $4 per share
Here;
Common stock denotes the shares entitling their holder to dividends that vary in amount .
