Answer:
c. $ 14,238
Explanation:
Computation of costs in the flexible budget
Planned activity 716 units
Budgeted cost per unit $ 18 per frame
Total planned variable cost - 716 units * $ 18 $ 12,888
Fixed monthly cost $ 1,350
Total supplies cost in flexible budget for June $ 14,238
The other information regarding the actual costs and actual production are not required for determining the budgted cost for supplies.
Answer:
Dividend to preferred shareholders= $5250
Explanation:
Non-cumulative preferred shareholders are those shareholders who are paid a fixed return on par value of their shareholding (i.e number of shares) which take priority over ordinary shares but holders of preferred shares don't have voting rights and therefore can't participate in the business affairs the way ordinary shareholders can.
The non-cumulative aspect of preferred shares means that if Sheridan corporation fails to pay preferred shareholders dividend in a year due to whatsoever reason, Sheridan won't be liable to pay them the previous years' dividend, they only get the current years' dividend.
First we compute total par value of preferred shares and apply the percentage of return to shareholders. The amount of dividend to be distributed to preferred shareholders is calculated as follows;
Dividend to preferred shareholders= (10500* $10) * 5%
Dividend to preferred shareholders= $5250
Answer:
D. Evidence of title transfer of goods to customers.
Explanation:
The bill of lading is a legally binding document that provides the carrier and shipper with all of the necessary details to accurately process a shipment. It has three main functions. (1) it is a document of title to the goods described in the bill of lading. (2) it is a receipt for the shipped products. (3) the bill of lading represents the agreed terms and conditions for the transportation of the goods.
<u>Answer:</u>
<em>(d) Perishability is the reason for Eat and Den's loss of revenue</em>
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<u>Explanation:</u>
Perishability is utilized in marketing to show how capacity service cannot be put away available to be purchased later on. It is a fundamental idea of service showcasing.
One of the urgent variables/issues looked by advertisers is the perishability factor in services showcasing. Administrations have Zero Inventory! When sold, they stand sold and can't be returned. Subsequently, a few times in the administration's business, the maxim "Early introduction is the last impression" really holds genuine. Similarly, in Eat and Den, the eatable goods are all perishable and cannot be reused the next day hence the restaurant incurs significant loss.
Answer:
0.1093 or 10.93%
Explanation:
The number of days before the company runs out of stock after placing an order (X) is:
Assuming a normal distribution with:
Mean (μ) = 6
Standard deviation (σ)=1.10
The z-score for X=7.353 is:
According to the z-score table, a score of 1.23 falls in the 0.8907-th percentile. Therefore, the probability of the delivery takes longer than 7.353 days is: