How do dividends affect owners equity? Are they treated as a business expense? Explain.
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A dividend is a distribution of assets usually cash by a corporation to its stockholders Dividen...View the full answer
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Financial and Managerial Accounting the basis for business decisions
ISBN: 978-0078111044
16th edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
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Actual rate= 3,092,000/180,000=17.18Formula= (Actual rate- Standard rate) X actual hour (production)== (17.18-13.11) X 180,000=732,600 U
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