Earnings per share amounts are required for:
a. discontinued operations.
b. revenues.
c. gross margin.
d. other income.
a
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Tracker Sports is a manufacturer of sportswear. Tracker produces its products in two departments.The information for the current month for Department #2 is as follows: Beginning work-in-process 20,000unitsUnits transferred in from Department #1 40,000unitsUnits completed 50,000unitsEnding work-in-process 10,000unitsBeginning WIP transferred in costs$50,000 Beginning WIP direct materials$12,000 Beginning WIP direct labor$3,200 Beginning WIP overhead$1,600 Costs transferred in from Department #1$100,000 Direct material added during month$60,000 Direct labor during month$20,000 Manufacturing overhead applied ??? Beginning WIP was half complete as to conversion costs. Direct materials for Department #2 are added when the process is 25% complete. Manufacturing overhead is
applied at a rate equal to 50 percent of direct labor. Ending WIP was 60 percent complete. Tracker Sports uses first-in, first-out (FIFO) costing.Required:(HINT: use 4 decimal places in your calculations)a. Compute the equivalent units of production for each input.b. Compute the cost per equivalent unit.c. Compute the cost transferred out to finished goods.d. Compute the ending work-in-process inventory balance. What will be an ideal response?
Which of the following is true of employment discrimination as defined under Title VII of the Civil Rights Act of 1964?
A) Disparate-treatment discrimination can be proven through statistical data about an employer's employment practices. B) Disparate-impact discrimination occurs when an employer adopts a work rule that is neutral on its face but is shown to cause an adverse impact on a protected class. C) Disparate-treatment discrimination occurs when an employer discriminates against an individual of a protected class. D) Sexual harassment and refusal to hire physically challenged employees are illustrations of disparate-impact discrimination.
?Which of the following intensifies the business risk borne by the common stockholders of a firm?
A. ?Fixed-income securities B. ?Sales variability C. ?Input price variability D. ?Operating leverage E. ?Firm-specific risk
The project charter grants the project team the right to:
a. begin project execution b. develop the project mission statement c. create a detailed project plan d. write a detailed business case