Pugh Co. reported the following in its statement of stockholders' equity on January 1, 20X4: Common Stock, $5 par value, authorized 200,000 shares, issued 100,000 shares $ 500,000
Additional paid‐in capital 1,500,000
Retained earnings 516,000
2,516,000
Less treasury stock, at cost, 5,000 shares 40,000
Total stockholders' equity $2,476,000

The following events occurred in 20X4:
May 1 − 1,000 shares of treasury stock were sold for $10,000.
July 9 − 10,000 shares of previously unissued common stock were sold for $12 per share.
October 1 ‐ The distribution of a 2‐for‐1 stock split resulted in the common stock's per share par value being halved.
Pugh accounts for treasury stock under the cost method. Laws in the state of Pugh's incorporation protect shares held in treasury from dilution when stock dividends or stock splits are declared.
In Pugh's December 31, 20X4 statement of stockholders' equity, the par value of the issued common stock should be
A. $550,000
B. $518,000
C. $291,000
D. $275,000

In microeconomics, the point at which supply and demand meet is called the blank price

When patey pontoons issued 4% bonds on january 1, 2018, with a face amount of $660,000, the market yield for bonds of similar risk and maturity was 5%. the bonds mature december 31, 2021 (4 years). interest is paid semiannually on june 30 and december 31?

The chromosome manufacturing company produces two products, x and y. the company president, jean mutation, is concerned about the fierce competition in the market for product x. she notes that competitors are selling x for a price well below chromosome's price of $13.50. at the same time, she notes that competitors are pricing product y almost twice as high as chromosome's price of $12.50.ms. mutation has obtained the following data for a recent time period: product x product y number of units 11,000 3,000 direct materials cost per unit $3.23 $3.09 direct labor cost per unit $2.22 $2.10 direct labor hours 10,000 3,500 machine hours 2,100 1,800 inspection hours 80 100 purchase orders 10 30ms. mutation has learned that overhead costs are assigned to products on the basis of direct labor hours. the overhead costs for this time period consisted of the following items: overhead cost item amount inspection costs $16,200 purchasing costs 8,000 machine costs 49,000 total $73,200using direct labor hours to allocate overhead costs determine the gross margin per unit for product x. choose the best answer from the list below.a. $1.93b. $3.12c. $7.38d. $2.43e. $1.73using activity-based costing for overhead allocation, determine the gross margin per unit for product y. choose best answer from list below.a. $10.07b. ($2.27)c. ($5.23)d. ($7.02)e. $7.02