A company began business in 2017 by issuing 6,000 shares of $40 par value, 8% preferred stock and 100,000 shares of $3 par value common stock. There is no treasury stock and the preferred stock is cumulative. The company has declared and paid the following dividends: 2017 $12,000
2018 $10,000
2019 $50,000
Assuming no change in the number of shares outstanding between 2017 and 2019, determine the dollar value of the dividend that would be allocated to the common shareholders in 2019.
A. $14,400
B. $30,800
C. $21,600
D. $33,600
E. $0

Caleb construction (cc) incurs supervisor salaries expense in the construction of homes. if cc manufactures 100 homes in a year, fixed supervisor salaries will be $400,000. with the current construction supervisors, cc's productive capacity is 150 homes in a year. however, if cc is contracts to build more than 150 homes per year, it will need to hire additional supervisors, which are hired as full-time rather than temporary employees. cc's productive capacity would then become 200 homes per year, and salaries expense would increase to $470,000. how would cc’s salaries expense be properly classified? fixed variable mixed stepped curvilinear