I would think that the answer is influencing. I hope this helps lmk. =)
Answer:
b.$ 66
Explanation:
The question requires that Summit requires a return on sales of 25 %. To achieve that the cost of goods sold should be 75 %.
if the revised selling price is $ 88
the target cost price would be ( $ 88 * 75 %) % 66
Answer: Issued dividends while maintaining a constant number of outstanding shares of stock
Explanation:
A negative cashflow is meant to indicate that cash has left the company. If this is in relation to the owners then it either means that the company has repurchased shares or paid out dividends.
From the options, the correct answer would be that the company issued dividends while maintaining a constant number of outstanding shares of stock. This would be reflected in the Financing section of the Cashflow statement.
Answer:
$612,230
Explanation:
Since in the question it is mentioned that the company used the job order cost system for production of specialty patio furniture
Also there is various balances mentioned in the question
Now the total of all open job order cost is equivalent to the work in process amount i.e. $612,230 and the same is to be considered
Hence, the total is $612,230
