Answer: a) Option A
Explanation:
There will be no effect on retained earnings because retained earnings do not increase as a result of shares being sold. It increases when net income increases.
Total paid-in capital increases when stock is sold for higher than its par value or when treasury stock is sold for higher than its acquisition price. The treasury stock here was sold for higher than it was bought so this would increase the total paid in capital.
The first step in making a choice is to define the issue at hand. When making judgments, related costs and benefits should be evaluated. When making judgments, extraneous costs and advantages should be overlooked.
<h3>There are fourteen principles of management. They are:</h3>
- Division of work
- Authority and responsibility
- Discipline
- Unity of Command
- Unity of Direction
- Subordination of individual interest
- Remuneration
- Centralization
- Scaler Chain
- Order
- Equidity
- Stability
- Initiative
- Escript de Crops
Answer:
unitary absorption production cost= $128
Explanation:
The a<u>bsorption costing method</u> includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.
<u>First, we need to calculate the unitary fixed manufacturing overhead:</u>
<u></u>
Unitary fixed overhead= 441,000 / 7,000= $63
<u>Now, the unitary absorption production cost:</u>
unitary absorption production cost= 51 + 12 + 2 + 63
unitary absorption production cost= $128
