Answer:
$12,000
Explanation:
For computing the preferred dividend, first we have to find out the yearly dividend which is shown below:
= Number of shares × par value per share × dividend rate
= 4,000 shares × $50 × 5%
= $10,000
In 2017, the dividend was paid of $8,000
Remaining dividend left is $10,000 - $8,000 = $2,000
So, the total preference dividend in 2018 would be
= Yearly dividend + remaining dividend left
= $10,000 + $2,000
= $12,000
Out of $40,000, the $12,000 will be paid to preferred stockholders and the remaining $28,000 will be paid to equity stockholders
Answer:
$46,800
Explanation:
Total overhead costs based on traditional systems of both products are: $52,000 +$78,000 = $130,000
Assuming that Perry Corporation applies the activity-based (setups and components) costing system instead of the traditional one, the overhead cost for the standard model can be calculated as following:
+) Overhead cost of each setup (for both products) = $52,000/(12 + 28) = $1,300
+) Overhead cost of each components (for both products)
= 78,000 / (8+12) = $3,900
=> Total overhead costs using activity - based costing system is:
<em>Total overhead costs = 1,300 x Number setups needed for standard model + 3,900 x Number of components needed for standard model</em>
<em>= 1,300 x 12 + 3,900 x 8 </em>
= $46,800
Specific statements detailing what the organization intends to accomplish over a short period of time are called objectives. Objectives are stated by the company to keep goals on track and allow the organization to monitor their growth and completion. By keeping objectives open to everyone within the organization, it makes it easier for employees to stay on task and make sure by the end of the period, everything is done.
Answer:
The correct answer is: less than $22.
Explanation:
Price discrimination is a situation where a firm charges different prices for the same product. Different price is charged generally from consumers with different price elasticities.
A firm charges a higher prices from the consumer with lower price elasticity because with a higher price there demand will decrease less than proportionate.
Lower price is charged from consumers having a higher price elasticity of demand because these consumers will decrease their demand more than proportionate at a higher price.
So if a firm charges $22 in the market segment with less elastic demand, the price in the more elastic market segment will be lower than $22.
