Homework Answers
Total job cost = Direct material cost + labour cost + overhead cost
= $2400 + $17*40 + $18*20
= $2,400 +$680 + $360
= $3,440
Answer of B)
Basic earning per share = net income/ shares
= $700,000/200,000 = 3.5
Answer of C)
P/e ratio = Market price of share / Earning per share
= $49/3.5 = 14
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