1 A share of XZ Ltd. has current market price of $40 and it's EPS for current period is reported as $3. Assuming a

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1 A share of XZ Ltd. has current market price of $40 and it's EPS for current period is reported as $3. Assuming a industry average P/E ratio of 4, the firms per share value would be? Select one: a. 12.33$ b. 12$ c. 13.33$ d. 15.33$ 2 Given the following information about the total manufacturing cost during March: - Direct material cost = $ 90 - Direct manufacturing labor costs= $ 160 Budgeted overhead rate = 0.75 of direct labor cost There is no beginning work in progress. However, Job # 1 is only in the Ending work in progress with the following costs: Direct material cost = $ 25 - Direct labor costs= $20 Then, the costs of goods sold will be 7 A ? ? !!! II! c? A manufacturing process is used to produce masses of standard units. Given the following: WIP beginning zero

Help In Homework · Accepted Answer

1 Option B ($ 12.00 ) is the correct answer Given : Earnings per share = $ 3.00 Price earning ratio = 4.0 Computation of firms per share value : Price earning ratio = Market price per share / Earning per share 4.0 = Market price per share / $ 3.00 Market price per share = 4.0 * $ 3.00 Market price per share = $ 12.00 Firms per share value shall be $ 12.00 Conclusion : From the above we can understand that OPTION B satisfies the given requirement in the question whereas remaining options A,C,D do not satisfy the given requirement in question. 2 Answer: Cost of goods sold will be $325. Explanation: Direct material = $90 Direct labor = $160 Manufacturing overhead = $160 x 0.75 = $120 Total manufacturing cost = $90 + $160 + $120 = $370 Less : Ending work in process inventory = ($25 + $20) = $45 Cost of goods sold = $325.

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