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3 years ago

Cash dividends are paid on the basis of the number of shares:

Business

1 answer:

lyudmila [28]3 years ago

8 0

Answer:

c. outstanding

Explanation:

The cash dividend is paid based on the outstanding shares. The outstanding shares are computed below:

Outstanding shares = Issued shares - treasury shares

Simply we deduct the treasury shares from the issued shares so that the outstanding shares can come and after that, the cash dividend could be computed

So, cash dividend is based on the outstanding shares

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At the beginning of the recent period, there were 1,230 units of product in a department, 35% completed. These units were finish

Mashutka [201]

Answer:

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Explanation:

Calculation for what the equivalent units produced by the department were Using the weighted average method

First step is to calculate the units Completed & transferred out

Completed & transferred out =6,100+1,230

Completed & transferred out=7,330

Second step is to calculate the EGIP

EGIP= (1,240*25%)

EGIP=310

Now let calculate the equivalent units produced by the department

Equivalent units produced=7,330+310

Equivalent units produced=7,640 units

Therefore Using the weighted average method, the equivalent units produced by the department were:7,640 units

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