Salmon, Inc. issues 505,000 shares of preferred stock for $35 a share. The stock has a fixed annual dividend rate of 5% and a par value of $14 per share. The current price of the preferred stock is $37 a share. If sufficient dividends are declared, preferred stockholders can anticipate receiving annual dividends of: A. $0.70 per share.

B. $1.75 per share.

C. $1.85 per share.

D. $1.05 per share.

Oerstman, inc. uses a standard costing system and develops its overhead rates from the current annual budget.the budget is based on an expected annual output of 120,000 units requiring 480,000 direct labor hours.(practical capacity is 500,000 hours)annual budgeted overhead costs total $772,800, of which $556,800 is fixed overhead.a total of 119,300 units, using 478,000 direct labor hours, were produced during the year.actual variable overhead costs for the year were $260,400 and actual fixed overhead costs were $555,450.required: 1. compute the fixed overhead spending variance and indicate if favorable or unfavorable.2. compute the fixed overhead volume variance and indicate if favorable or unfavorable.

)a business incurs the following costs per unit: labor $125/unit, materials $45/unit, and rent $250,000/month. if the firm produces 1,000,000 units a month, calculate the following: a. total variable costs b. total fixed costs c. total costs

Asap! the following information is given for tripp company which uses the indirect method.