Answer:
$609,000
Explanation:
The revenue in June for Comfort Cords is the sum of the revenue from cords and hair ties.
The revenue from each is the product of the unit selling price and the quantity sold.
= 50000 * $12 + 9000 * $1
= $600,000 + $9000
= $609,000
Answer:
$22,800
Explanation:
Calculation for the total amount of indirect manufacturing cost incurred
First step is to find the fixed manufacturing overhead portion
Fixed manufacturing overhead portion=$3.00 *5000 units
Fixed manufacturing overhead portion =$15,000
Second step is to calculate the indirect manufacturing cost if 6,000 units are produced using this formula
Indirect manufacturing cost =Fixed manufacturing overhead portion
+ Variable portion
Let plug in the formula
Indirect manufacturing cost=$15,000 + ($1.30*6,000 units)
Indirect manufacturing cost=$15,000+$7,800
Indirect manufacturing cost=$22,800
Therefore the total amount of indirect manufacturing cost incurred is closest to $22,800
Answer:
$135000
Explanation:
Given: Outstanding cumulative preferred stock of 10000 shares of 8% at $100
Dividend paid= $375000.
Now, calculating preferred stock.
Preferred stock= 
∴ Preferred stock= $80000
Cumulative dividend paid to shareholder= 
∴ Cumulative dividend paid to shareholder= $240000
Next, computing the amount of dividends will common stockholder receive.
Total dividend paid= $375000.
Dividend received by common stockholder= 
⇒ Dividend received by common stockholder= 
∴ $135000 dividend will be received by common stockholder.
