Answer:
Total spoiled units = 7000
Normal spoilage total = 3500
Abnormal spoilage total = 3500
Total cost per equivalent unit = $3.80
Cost of goods manufactured = $224,000
Ending WIP = $201,165
Explanation:
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Answer:
C. protects the current shareholders against a dilution of their ownership interests.
Explanation:
Preemptive rights are rights given to shareholders in an organization allowing them to buy additional shares in any future issue in order to maintain their percentage ownership, before the shares are available to the general public. It guards against dilution or decrease in a shareholders stake or ownership interest buy allowing them buy more shares for future issues before it is available for the general public to own shares. In doing so, shareholders avoid involuntary dilution.
Answer:
E) I, II, and III
Explanation:
It is a simple question that needs to take into account all the revenue generating activities and as such all the activities that is, the increased sale of fishing and hunting, the increased sale of camping gear and the reduced sales of model train need to be analyzed. This is because we are computing the net revenue effect of this business decision and in projections anything that increases the revenue or decreases the revenue need to be ascertained to make this projection a worthwhile decision information.
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Answer:
B. Less volatile than the return on equity of Firm B.
Explanation:
The leverage ratio indicates the proportion of the shareholders´ and the debt used to finance the company´s assets. A higher ratio means that is more financing coming from debt than the owners and therefore more volatile is the return on equity because there is less equity to get the same revenues.
Answer:
If Solemon wants to earn a targeted profit of $3,600, the number of units must be sold are 9,300 units.
Explanation:
In Solemon Company:
Contribution margin per unit = Sales price – Variable cost per unit = $8-$6=$2
The number of units must be sold to meet the target profit figure are calculated by using following formula:
The number of units must be sold = (Total fixed cost + Targeted profit) / Contribution margin per unit.
In there: Total fixed cost are $15,000
Targeted profit are $3,600
The number of units must be sold = ($15,000 + $3,600)/$2 = $18,600/$2 = 9,300 units.