Answer:
Option (D) 327,000
Explanation:
Data provided in the question:
Shares of common stock issued and outstanding = 300,000
Stock dividend issued = 10%
Shares of common stock reacquired as treasury stock = 12,000
Duration from June 30, 2013 to September 30, 2013 = 3 months
= 0.25 years
Now,
Appropriate number of shares to be used in the basic earnings per share computation for 2013 will be
= [ 300,000 × ( 1 + 0.10 ) ] - [ 12,000 × 0.25 ]
= 330,000 - 3,000
= 327,000
Hence,
Option (D) 327,000
The answer would be D: debit to an asset. Hoped this helped:)
Answer:
The correct answer is letter "B": personal ethics.
Explanation:
Personal ethics refers to the moral principle people consider inherent in themselves that drive their behavior. These principles extend to every aspect of their lives and are mainly noticeable in the professional field. Respect, honesty, integrity, and fairness are some examples of personal ethics.
Answer:
Predetermined manufacturing overhead rate= $14.77 per direct labor hour
Explanation:
Giving the following information:
Estimated overhead cost for the period= $325,000
Estimated total direct labor hours for the period= 22,000
<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 325,000 / 22,000
Predetermined manufacturing overhead rate= $14.77 per direct labor hour
Answer:
The correct answer is option (B).
Explanation:
According to the scenario, the given data are as follows:
Purchased office supplies = $4,500
Supplies on balance account (in beginning) = $200
Supplies remaining (in end of month) = $180
So, To calculate supplies used in February we use following method:
Supplies Used = Supplies in Beginning + Purchased office supplies - Supplies in Ending
= $200 + $4,500 - $180
Supplies Used = $4,520
Hence, the amount of supplies USED during February was $4,520.
