BLACKSTONE PHOTOGRAPHY STUDIO HAS A UNIQUE PRICING MODEL: FIRST HOUR - $175 EACH ADDITIONAL HOUR - PREVIOUS HOUR RATE MINUS $25 CALCULATE A 4-HOUR SESSION COST FOR THIS COST ACCOUNTING PROBLEM.
Q: Tutor help me to answer this questions
A: Step 1: Key Information RecapFrom the problem:Beginning Inventory: 27,000 units, 100% complete as to…
Q: Financial Accounting Question answer do fast
A: Step 1: Define Capital StructureThe firm's capital structure describes how the firm's assets are…
Q: Financial accounting
A: Step 1: Define Capital GainA capital gain on a stock is when the stock is sold at a higher price…
Q: Hi expert please give me answer general accounting
A: To solve this, we use the Gordon Growth Model (GGM) to calculate the price of the stock. The formula…
Q: What rate of return is implied by the current market value of this Financial Accounting Question?
A: Step 1: Define Required Rate of ReturnThe required rate of return on a common stock implies how much…
Q: What is its debt to capital ratio on these financial accounting question?
A: Step 1: Define Book ValueBook value, also known as accounting value, represents the value of assets,…
Q: Best option please
A: Step 1: Key Information RecapWork-in-Process Inventory (November 30):Units = 10,000Percent Complete…
Q: Don't use ai given answer accounting questions
A: Step 1: Definition of Factory Overhead Allocation (Multiple Production Department Factory Overhead…
Q: Financial accounting questions
A: Points to consider:Return on Assets (ROA): This measures how efficiently a bank uses its assets to…
Q: Under variable costing: a. net operating income will tend to move up and down in response to changes…
A: The correct answer is:b. inventory costs will be lower than under absorption costing. Explanation of…
Q: Accounting Problem 2.5: The balance sheet of Bright Sportswear reports total equity of $500,000 and…
A: Explanation of Balance Sheet: A balance sheet is a financial statement that shows a company's…
Q: Provide correct answer the financial accounting question
A: Step 1: Identify the Dollar Return formulaStep 2: Identify the Given DataStep 3: Calculate Capital…
Q: 18 Which of the following statements is FALSE? Select one: a. The timing of inspection…
A: a. The timing of inspection affects abnormal spoilage amounts.Since the timing of inspections…
Q: Financial Accounting
A: To calculate the total equivalent units for direct materials, we need to consider both the completed…
Q: What role does assurance boundary definition play in attestation? a) Standard limits work always b)…
A: Explanation of Assurance Boundary:Assurance boundary refers to the defined limits or scope within…
Q: Subject= General Account
A: We will solve the problem by applying the lower-of-cost-or-market (LCM) rule to determine the…
Q: Explore the role of the accounting
A: Detailed explanation:Role of the Accounting Profession in Supporting Effective Governance and…
Q: Need help with this question solution general accounting
A: Step 1: Define Net IncomeNet income is the surplus of revenue over expenses of the business. It is…
Q: What is the interest rate paid by the company on these Accounting Question ?
A: Assuming no taxes and ideal capital markets, the interest rate (rD) was computed by utilizing the…
Q: Please given correct option general accounting
A: Step 1: Define Cash ReceiptsCash receipts to the seller come from cash sales and collection of…
Q: PROVIDE ANSWER: On June 30, 2009, Straight Movers had $243,000 in current assets and $211,000 in…
A: Explanation of Interest Expense: Interest expense represents the cost of borrowing money, calculated…
Q: General Accounting: A particular security's default risk premium is 1 percent. For all securities,…
A: Concept of Default Risk Premium (DRP): The default risk premium is the additional return that…
Q: Choose Right option please. with explain
A: The correct answer is:C. fixed manufacturing overhead. Explanation:The key difference between…
Q: ?? Answer??
A: Net sales represent the actual revenue a company earns from its sales after accounting for certain…
Q: What is the best estimate of the total monthly fixed manufacturing cost?
A: Explanation of Fixed CostsFixed costs are expenses that remain constant regardless of the production…
Q: Joe Parry and Mark Cyrus are shareholders and directors of Financial Solutions Limited, a company…
A: Because of his worries about the anticipated economic difficulties in the Caribbean, Joe Parry, the…
Q: I need answer of this question solution general accounting
A: Step 1: Definition of the ConceptWhen bonds are issued at a percentage of their face value, the…
Q: Financial account query
A: Step 1: Key Information RecapSelling Price per Bike: $200Variable Production Cost per Bike: $90Fixed…
Q: Don't give wrong answer to this accounting question
A: Explanation of Strategic Performance Linkage: Strategic performance linkage refers to the critical…
Q: Need answer the financial accounting question not use chatgpt and ai
A: Step 1: Define Credit SalesThe cash collection from the customers will happen in two instances: cash…
Q: Expert of general account want this solution
A: The correct answer is:d. I only ExplanationUnder variable costing, product costs include only the…
Q: Don't use ai given answer accounting questions
A: Step 1: Definition of Prepaid Insurance and Adjusting EntryPrepaid insurance is a current asset…
Q: A company has $300,000 investment solution this accounting questions
A: Step 1: State Formula and Identify Values• Formula: Net Operating Income = Sales × CM Ratio - Fixed…
Q: Solve this financial Accounting Question issue
A: Step 1: Define Gift TaxThe tax on gifts of cash made by live individuals or firms is known as a gift…
Q: ANSWER
A: Step 1:Based on given data created in the below table, wxInsepection code45%38Testing…
Q: I need this question general Accounting
A: Step 1: Define Inventoryinventory includes stocks of raw materials, finished goods, and…
Q: Late on the night of September 30, 2011, an arsonist destroyed the Pumpkin Company warehouse, which…
A: Step 1: Key Information RecapBeginning Inventory: $225,500Purchases through September 30, 2011:…
Q: What amount should be reported on the balance sheet for inventory on the accounting question?
A: Step 1: Define Lower of Cost or Net Realizable Value (LCM Rule)The LCM rule requires inventory to be…
Q: What is the percentage return on these financial accounting question?
A: Step 1:Percentage of Return can be calculated by dividing the total return from the shares by the…
Q: Help me
A: Explanation of Work in Process (WIP):Work in Process (WIP) refers to the value of partially…
Q: Sarasota Company uses the LCNRV method, on an individual-item basis, in pricing its inventory items.…
A: Step 1: Key FormulaThe Net Realizable Value (NRV) is calculated as: NRV=Estimated Selling…
Q: Answer? ? financial accounting
A: Step 1: Define Average Accounts ReceivableAverage accounts receivable is mean value of the accounts…
Q: Provide correct option general accounting
A: Step 1: Find Average Accounts Receivable• Average Accounts Receivable = (Accounts Receivable at…
Q: Please provide this question solution general accounting
A: 1. The note is worth $20,000 with 10% interest for 18 months.Interest = $20,000 × 10% × 1.5 =…
Q: What was your holding period return for this financial accounting question?
A: Step 1: Define Holding Period ReturnThe return the person gains for holding the stock or investment…
Q: Provide fast answer general accounting
A: Step 1: Define Direct Labor CostDirect labor cost includes the cost incurred in the payment of wages…
Q: The cost of unsold inventory at the end of the year is classified as a(n) in the A. assets; balance…
A: The correct answer is:A. assets; balance sheet Explanation:Unsold inventory represents goods that…
Q: Financial accounting
A: Step 1: Identify the formula: • Ending PBO = Beginning PBO + Service Cost + Interest Cost - Benefits…
Q: Guo Corporation uses the weighted-average method in its process costing system. This month, the…
A: Step 1: Using the Weighted Average method, Cost per equivalent unit for conversion costs can be…
Q: General Accounting Question please answer the question
A: Step 1: Define Inventory Write-DownAn inventory write-down is recorded when the market value (NRV)…
Step by step
Solved in 2 steps
- Scatter Diagrams and High-Low Cost Estimation Assume the local Pearle Vision has the following information on the number of sales orders received and order-processing costs. Month Sales Orders Order-Processing Costs 1 3,000 $ 49,620 2 1,500 30,225 4,400 72,420 2,800 49,140 2,300 41,865 1,200 25,860 2,000 37,500 555 AWN- 3 4 6 7 NOTE: Round variable cost per unit answers to two decimal places, if appropriate. (a.) Use information from the high- and low-volume months to develop a cost-estimating equation for monthly order-processing costs. $0 + $0 $0 (b.) Plot the data on a scatter diagram. Hint: In Excel, highlight the data to be included in the chart. Open the insert tab and select the Scatter cha months, develop a cost-estimating equation for monthly order-processing costs. X + $0 XPlease do not give solution in image format ? And Fast Answering Please ? And Explain Proper Step by Step.1. prepare an estimated income statement for 20Y7.
- Calculate the Tracking Signal(RSFE/MAD t) given the following data and an alpha=0.4.MAD t-1=15: Period Actual Demand Forecast Demand Error ................... RSFE MAD t TS 0 Start up Start Up Start Up 15 1 30 45 2 43 3 38 4 37 5 40Scatter Diagrams and High-Low Cost Estimation Assume the local Pearle Vision has the following information on the number of sales orders received and order-processing costs. Month Sales Orders Order-Processing Costs 1 3,300 $90,970 2 1,650 55,412 3 4,840 132,770 4 3,080 90,090 5 2,530 76,752 6 1,320 47,410 7 2,200 68,750 NOTE: Round variable cost per unit answers to two decimal places, if appropriate. (a.) Use information from the high- and low-volume months to develop a cost-estimating equation for monthly order-processing costs. $Answer 1 + $Answer 2 X (b.) Plot the data on a scatter diagram. Hint: In Excel, highlight the data to be included in the chart. Open the insert tab and select the Scatter chart in the Charts group. Using the information from representative high- and low-volume months, develop a cost-estimating equation for monthly order-processing costs. $Answer 3 + $Answer 4Trying to find part B. Can't seem to find the formula. Can you show me the steps to find the formula?
- Scatter Diagrams and High-Low Cost Estimation Assume the local Pearle Vision has the following information on the number of sales orders received and order-processing costs. Month Sales Orders Order Processing Costs 1 3,000 $49,620 2 1,500 30,225 4,400 72,420 2.800 49,140 2.300 41,865 25,860 37,500 3 4 S 6 7 1,200 2,000 NOTE: Round variable cost per unit answers to two decimal places, if appropriate. (a.) Use information from the high- and low-volume months to develop a cost-estimating equation for monthly order-processing costs. $ 15:400 +5 24.26 * 8400 + M.SS* Correct (b.) Plot the data on a scatter diagram. Using the information from representative high-and low-volume months, develop a cost estimating equation for monthly production costs. If needed, an Excel worksheet is provided in the following link in order to create the scatter diagram: Scatter Diagram $ 15,622 X+$ 23.93 XXKimmel, Accounting, 7e Help | System Announcements 16 PM/ Remaining: 23 min. CALCULATOR PRINTER VERSION 1 BACK NEXT Problem 21-01A National Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product. Per Total Unit Direct materials Direct labor $44 Variable manufacturing overhead $15 Fixed manufacturing overhead $1,377,000 Variable selling and administrative expenses $ 5 Fixed selling and administrative expenses $ 1,053,000 These costs are based on a budgeted volume of 81,000 units produced and sold each year. National uses cost-plus pricing methods to set its target selling price. The markup percentage on total unit cost is 40%. Compute the total variable cost per unit, total fixed cost per unit, and total cost per unit for M14-M16. GMXTwo questions can you help !