1. This year’s total sales of Yui Inc. are P4,600,000. The following variances are determined: · Sales Price Variance – 750,000 favorable · Cost Price Variance – 100,000 unfavorable · Sales Volume Variance – 150,000 unfavorable Using horizontal analysis, determine the percentage change from the prior year's total sales to the current year's total sales. 2. The income statement of Petra Inc. in 2022 reflects a net Income of P2,050,000. The dividend policy of the company is to pay an annual cash dividend of P2 per share to common stock regardless of the market price of the share. If the dividend yield determined for the last day of 2022 is 20%, how much is the fair value of the share? (per share)
1. This year’s total sales of Yui Inc. are P4,600,000. The following variances are determined: · Sales Price Variance – 750,000 favorable · Cost Price Variance – 100,000 unfavorable · Sales Volume Variance – 150,000 unfavorable Using horizontal analysis, determine the percentage change from the prior year's total sales to the current year's total sales. 2. The income statement of Petra Inc. in 2022 reflects a net Income of P2,050,000. The dividend policy of the company is to pay an annual cash dividend of P2 per share to common stock regardless of the market price of the share. If the dividend yield determined for the last day of 2022 is 20%, how much is the fair value of the share? (per share)
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter9: Evaluating Variances From Standard Costs
Section: Chapter Questions
Problem 24E: Rosenberry Company computed the following revenue variances for January: Revenue price variance...
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1. This year’s total sales of Yui Inc. are P4,600,000. The following variances are determined:
· Sales Price Variance – 750,000 favorable
· Cost Price Variance – 100,000 unfavorable
· Sales Volume Variance – 150,000 unfavorable
Using horizontal analysis, determine the percentage change from the prior year's total sales to the current year's total sales.
2. The income statement of Petra Inc. in 2022 reflects a net Income of P2,050,000. The dividend policy of the company is to pay an annual cash dividend of P2 per share to common stock regardless of the market price of the share. If the dividend yield determined for the last day of 2022 is 20%, how much is the fair value of the share? (per share)
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