Answer :
Option B: $393,000
Explanation :
As per the data given in the question,
The computation of the total stock holder equity at the end of 2021 is shown below:
Common stock (10,000 × $3 + 40,000 × $3) $150,000
Add: Paid-in capital in excess of par (10,000 × ($7 - $3) + 40,000 × ($8-$3) $200,000
Add: retained earning $70,000 ($110,000 - $40,000)
Less: Treasury stock ($3,000 × 9) $27,000
Stockholder's equity $393,000
Answer:
Process operations are for when there are multiple goods to be produced. These products normally have the same specifications so can be mass produced.
This is different from Job order operation which is used when a single good is product. It is usually used for customized goods.
Process operations:
- Beach towels
- Bolts and nuts
- Lawn chairs
- Headphones
Job Order operation
In mass service and professional service, the operations manager should focus extensively on equipment maintenance.
<h3>What is the work of operations manager?</h3>
Operations management is a branch of management that focuses on planning, organizing, and redesigning the production process for goods or services as well as business operations. It comprises the obligation to make sure that business operations are effective in satisfying consumer needs while utilizing the fewest resources possible.
It is concerned with overseeing a comprehensive service or production system, which is the method through which inputs are transformed into outputs. Operations create services, control quality, and produce goods. Working with suppliers, customers, and technology are all aspects of operation management that apply to industries such as financial systems, hospitals, and businesses. One of the key roles in a corporation, along with supply chains, marketing, finance, and human resources, is operations.
To learn more about operations management visit:
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We can calculate for the total stockholders’ equity by using
the formula:
Total stockholders’ equity = Number of Shares * Price per
Share – Deficit Balance
Substituting our given values:
Total stockholders’ equity = 19,000 shares * ($12 / share) - $75,000
Total stockholders’ equity = $153,000