Answer:
3.33%; 9%
Explanation:
Given that,
Expected dividend next year = $1.50
Trading at = $45
Expected growth rate per year = 9 percent
Dividend yield = (Expected dividend next year ÷ Trading amount) × 100
= ($1.50 ÷ $45) × 100
= 0.0333 × 100
= 3.33%
The capital gain of JUJU is same as the expected growth rate i.e 9 percent.
Answer:
8,000 units need to be accounted for
Explanation:
The Weighted Average method Calculates the cost per unit by Adding the costs in Opening Work in Process and the Costs added in process department during the period. This cost is then divided by the the Sum of units in closing Work in Process and units of Completed goods.
The Units that needs to be Accounted for is the <em>Sum of</em> the units in Opening Work In Process and the units Transferred into the Assembly Department.
Answer:
The Darwin Company
Calculation of Manufacturing Overhead costs:
= $17,200
Explanation:
a) Data and Calculations:
Depreciation on factory equipment $4,700
Indirect labor 5,900
Factory rent 4,200
Factory utilities 1,200
Indirect materials used 1,200
Total Manufacturing overhead costs = $17,200
b) Darwin's manufacturing overhead costs will include only the above listed costs. Sales commissions, direct materials, direct labor, and office salaries expense do not form part of the manufacturing overhead costs. The manufacturing overhead costs are neither direct materials or labor costs or selling and administration costs.
Answer:
True
Explanation:
LIFO is in fact, only allowed to be used in the United States, because under the new IFRS (International Financial Reporting Standards), the used of LIFO has been prohibited.
The reason for this, is that LIFO inflates the value of inventory, because the (usually) lower cost of old inventory is what is reported.
This is why companies using LIFO are obliged to report the hypothetical value of the inventories had they used FIFO.
Answer: $117,000
Explanation:
So we are to calculate the Raw Materials purchased during the year.
Logically speaking the following should hold,
Raw materials purchased during the year + beginning raw materials = ending Raw materials + Raw materials used
Agreeing on that and rearranging the formula we will have,
Raw Material purchased during the year = Raw Material used during the year + Ending Raw Material Inventory - Opening Raw Material Inventory
Slotting in the figures we will then have,
Raw Material purchased during the year = 114,000 + 56,000 - 53,000
= $117,000
Raw materials purchased during the year amount to $117,000.
