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Bingel [31]
3 years ago
12

Selected data for Lemon​ Grass, Inc. for the year are provided​ below:_________.

Business
1 answer:
____ [38]3 years ago
3 0

Answer:

Total= $65,900

Explanation:

<u>Manufacturing overhead costs are all the production costs that are involved in production but aren't direct material or direct labor.</u>

Manufacturing overhead:

Factory Utilities $1,600

Indirect Materials Used 30,000

Property Taxes on Factory Building 6,400

Indirect Labor Incurred 21,000

Depreciation on Factory Equipment 6,900

Total= $65,900

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Alpha Corporation has 1,500 shares of $40 par, 7% cumulative preferred stock, and 2,200 shares of $10 par common stock. Alpha pa
lidiya [134]

Annual preferred dividend = 0.07*40*1500 =$4,200

Since there was a one year dividend arrears to preferred stock holders, the total amount that goes to preferred stockholders = 4,200 + 4,200 (arrears of previous years) = 8,400

So common stockholders received = 10,000-8,400 = $1,600 in dividends

So dividend per share for common shareholders =1600/2200 = $0.727/share

3 0
3 years ago
Why might a company invest in another​ company? A. To ensure a steady supply of raw materials if the company being purchased is
Sladkaya [172]

Answer:

The answer is D.

Explanation:

A company might invest in another company to:

1. ensure a steady supply of raw materials if the company being purchased is a supplier of those raw materials. The company might be experiencing shortages of raw materials or outrageous increase in price of the raw materials. So acquiring a supplier of this raw materials will be a good option.

2. earn interest revenue. This can be one of the objectives too.

3. earn dividend income. Investment or shareholding in companies will lead to receiving dividend from such country.

5 0
3 years ago
I forgot my user name and password. Can u help me?
kykrilka [37]
User name and password on what app?
5 0
3 years ago
Read 2 more answers
Employee involvement and participation (eip) management is a method of management where ________.
Grace [21]
It's a method where <span>subordinates share a significant degree of decision-making power with their immediate superiors
One positive benefit of the employee involvement and participation is that companies will prepare more employees to understand the company's operational method and make more potential leaders for the company if it choose to expand in the future</span>
6 0
3 years ago
Suppose that consumers become more pessimistic about the future and, as a result, reduce their consumption by $10 billion. If th
iragen [17]

Answer:

Real GDP will decrease by $50 billion.

Explanation:

In order to calculate the net effect of a reduction in consumption of $10 billion, we need to identify the multiplier first.

Multiplier = 1 / marginal propensity to save

Marginal propensity = 1 - marginal propensity to consume = 1-0.8 = 0.2

Multiplier = 1 /0.2 = 5

The net change then of a reduction by 10 billion = 10 * 5 = $50 billion

Hope that helps.

4 0
3 years ago
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