Answer:
False
Explanation:
Since for finding out whether the offer is accepted or not, first we have to determine the total cost at 600 number of players and for 601 number of players which is
The total cost of 600 players is
= 600 × $300
= $180,000
The total cost of 601 players is
= 601 × $301
= $180,901
Now the marginal cost is 601 player is $901 which is difference between the $180,000 and $180,901 that is higher than the offered price i.e $550
Therefore, the offer should not be accepted
Answer:
45
Explanation:
The formula to compute the number of parts is shown below:
= Demand × lead time × (1 + safety factor) ÷ kanban cards
= 300 units × 45 minutes × (1 + 20%) ÷ 6
= 300 × 0.75 hours × 1.2 ÷ 6
= 45
The 45 minutes would be 0.75 hours i.e 45 minutes ÷ 60 minutes = 0.75 hours.
So we consider all the components which are given in the question. Hence, all the information is relevant
Answer:
1. $28,800
$103,200
2. $28,800
$103,200
3. $86,400
$45,600
Explanation:
1. The dividend paid to preferred stockholders = Shares × Par value × Percentage
= 3,000 shares × $120 × 8%
= $28,800
The dividend paid to Common stockholders = Cash dividend - Dividend paid to preferred stockholders
= $132,000 - $28,800
= $103,200
2. The dividend paid to preferred stockholders = Shares × Par value × Percentage
Note :- Because preferred stocks are non-cumulative in nature, the company is not allowed to pay last two years' dividends and preferred stocks are liable for payment only for the current year.
= 3,000 shares × $120 × 8%
= $28,800
The dividend paid to Common stockholders = Cash dividend - Dividend paid to preferred stockholders
= $132,000 - $28,800
= $103,200
3. The dividend paid to preferred stockholders = Shares × Par value × Percentage × Number of years
Note: Since preferred stocks are cumulative in nature, the company is forced to pay last two years' dividends along with the current year's dividend.
= 3,000 shares × $120 × 8 % × 3 years
= $86,400
The dividend paid to Common stockholders = Cash dividend - Dividend paid to preferred stockholders
= $132,000 - $86,400
= $45,600