<u>The answer is (e) none of the above</u>
Explanation:
<u>The formula for calculating the total equivalent units for conversion costs =</u>
<u>A+B*C</u>
A = units transferred out to the next department/finished goods
B = units in closing work in process
C = percentage of completion with respect to the relevant cost component
Given that
A=100
B=140
C=10/100
<u>Total equivalent units for a cost component </u>=100+140*10/100
=>100+140*1/10
=>100+14=114
<u>So ,the answer of the above question is (e) None of these</u>
Answer:
b. $34,000.
Explanation:
The computation of contribution margin is shown below:-
Particulars Bales Tales Wales
Seeling price $55 $78 $32
Variable cost $20 $50 $15
Contribution
margin $35 $28 $17
Required hour to
process 5 7 1
Contribution margin
per hour 7 4 17
Maximum contribution margin is
= Contribution margin per hour × number of machine hours
= 17 × 2,000
= $34,000
Answer:
$1.41144
Explanation:
<em>Assuming that </em><em>distribution of its earning to its shareholder is 30% </em><em>as against the 0% which is likely a mistake because the tax rate on dividend income of 27% is also given in the question</em>
Earning before tax $13
Less: Corporation tax <u>$5.46</u>
($13 * 42%)
Earnings after tax <u>$7.54</u>
<u />
Dividend distribution = $7.54 * 30% = $2.262
After tax dividend = $2.262 * (1-0.27) = $2.262 * 0.78 = $1.7643
Shareholder earnings after Income tax = $1.7643 * (1 - 0.20) = $1.7643 * 0.80 = $1.41144
Therefore, the Shareholder earnings from the Corporation assuming the <em>distribution of its earning to its shareholder is 30% </em>is $1.41144
Answer:
Option B
Closing balance = $119,000
Explanation:
<em>The closing entries in the partners' capital account would be the sum of the opening balance in their capital accounts and their share of profit. </em>
The capital account of Rex after the closing the income would be :
$
Opening balance 95,000
Share of profit (3/5× 40,000) <u> 24,000</u>
Closing balance <u>119,000</u>
Closing balance = $119,000
Answer:
ohh high school and College the same the nhi hai to hm likh I have been
Explanation:
- what is the best ear and sir I am a student of class of the week after next year compared to the raone to hm likh I have been a long way to go in and out the form below to delete this the nun the h ki thi ki nahi