Answer: Option c
Explanation: In simple words, standard cost refers to the estimated amount of resources that an organisation thinks would be incurred to produce a specified amount of goods or service for the product.
These estimates are based on past experiences and future expectations, therefore, these are not certain and have a high chance that a difference will occur in actual performance. These estimates works as a guideline for performance, thus, it is prepared by the top managers of the departments of the entity.
Answer:
<u>journal entries to record revenues and gains:</u>
Dr Cash 193,000
Cr Sales revenue 193,000
Dr Cash 35,000
Cr Asset 30,000
Cr Gain on sale of asset 5,000
<u>journal entry to record COGS:</u>
Dr Cost of goods sold 108,900
Cr Merchandise inventory 108,900
<u>journal entries to record expenses:</u>
Dr Depreciation expense 7,500
Dr Vehicle expense 2,800
Dr Interest expense 15,600
Dr Pension expense 7,500
Cr Cash 50,600
Dr Other operating expenses 18,400
Cr Cash 18,400
<u>journal entries to record dividends (declaration and payment):</u>
Dr Retained earnings 13,800
Cr Dividends payable 13,800
Dr Dividends payable 13,800
Cr Cash 13,800
Answer:
im pretty sure they are tiktokers if thats what youre asking?
Explanation:
I don't know
Answer:
aa
It might be negative for the company to promote a
Answer:
$15,800
Explanation:
Calculation to compute diluted earnings per share
Using this formula
Diluted earnings per share=Shares of common stock- (Shares of common stock×Warrants exercisable ÷Average market price of the common stock )
Let plug in the formula
Diluted earnings per share=79,000-(79,000×$20÷$25)
Diluted earnings per share=79,000-$63,200
Diluted earnings per share=$15,800
Therefore $15,800 diluted earnings per share will increase the weighted average number of outstanding shares.
