Answer:
the conversion cost is $58,200
Explanation:
The computation of the conversion cost is shown below:
The conversion cost is
= Direct Labor + Manufacturing Overhead
= $32,800 + $25,400
= $58,200
Hence, the conversion cost is $58,200
It is the combination of the direct labor and the manfacturing overhead
Answer:
$33.02
Explanation:
EPS (Earnings Per Share) would be simply,
Total Earnings divided by the number of shares outstanding
First, we need to find our total earnings. We will get this by summing up Sales and Net Income from selling shares. Then we will minus the expenses.
So,
Sales = 17.55 mill
Net Income from Shares = 5 mill shares AT $32.55 each = 5 mill * 32.55 = $162,750,000
Expenses = 15.20 mill
Thus,
Total Earnings = 17,550,000 + 162,750,000 - 15,200,000 = 165,100,000
Total Shares = 5 million
So, EPS would be:
EPS = 165,100,000/5,000,000 = <u>$33.02</u>
The answer is false because you can always choose another career.
Answer:
The minimum transfer price that the Alabama Division should accept is $60 per unit.
Explanation:
The division providing the goods internally often has the opportunity to sell these same goods externally instead and so the minimum they will be willing to charge another division is cost plus their profit margin (i.e. the minimum they would normally charge an external customer).
the minimum price to be charged is :
Variable cost per unit = $24
Fixed Cost per unit = $15
Total Cost per unit = $39 and the profit margin when added makes its selling price to be equal to $60 (i.e. the price which is to be charged from outside customers).
Alabama Division will cover its minimum opportunity cost i.e. its sales price to the external customers which it will charge from Arkansas division .
Minimum transfer price = $60 per unit.
Therefore, The minimum transfer price that the Alabama Division should accept is $60 per unit.
D. if the price is expected to rise, current demand will rise
i'm completely sure, I just took the quiz & got 100%. Hope I helped ^__^
