DESERT ROSE SALON TRACKS SERVICE TIME. MORNING APPOINTMENTS: HAIRCUTS 4 AT $45 EACH, COLOR TREATMENTS 3 AT $85 EACH, MANICURES 5 AT $35 EACH. SHOW THE MORNING INCOME.
Q: Quinn company has a debt...financial question
A: Part a: Equity Multiplier• Step 1: Identify the Formula• Step 2: Substitute the given value of…
Q: Financial accounting
A: Step 1: Define Bonds PayableThe financial obligation of the issuer toward the bondholders for the…
Q: Q Subject: financial accounting
A: Explanation of Cost per ItemThe cost per item refers to the price assigned to a single unit of a…
Q: Financial accounting
A: Step 1: Define Price to earnings ratioPrice to earning ratio also known as the PE ratio shows the…
Q: Give me accurate response
A: IntroductionWhen companies issue bonds to raise capital, the price at which the bonds are issued can…
Q: Given the following data solve for the eoq time
A: The total annual inventory cost under the current policy of purchasing 5,000 sinks per order is…
Q: Rogers company is operating accounting questions
A: Option a: This option is incorrect because the problem does not result to 42,000 when computed.…
Q: Answer me
A: Explanation of Economic Substance Doctrine: The economic substance doctrine is a fundamental tax…
Q: share solution
A: Calculation of Equity at the beginning of the yearEquity at the beginning of the year = Assets at…
Q: I need answer of this question solution general accounting
A: Step 1: Define Absorption costingAbsorption costing is the accounting method where all the…
Q: Please provide correct answer accounting
A: Step 1: Define Variable Versus Fixed OverheadVariable overhead includes overhead costs which change…
Q: The following is the post-closing trial balance for the Whitlow Manufacturing Corporation as of…
A: On January 1, the company sold inventory for cash. This transaction affects the Cash, Sales Revenue,…
Q: Want Correct Answer
A: Explanation of Material Cost: Material cost represents the direct cost of raw materials used in…
Q: Overhead Cost for the year was
A: Explanation of Predetermined Overhead Rate:The predetermined overhead rate is calculated before the…
Q: Want Total Income.
A: Explanation of Hourly Venue Rental: Hourly venue rental represents the practice of charging…
Q: Provide correct solution for this general accounting question
A: Step 1: Define Gross ProfitGross profit is the difference between net sales revenue and the cost of…
Q: The total factory overhead for Rowland company is budgeted
A: Step 1: Define Predetermined Overhead RateThe company could calculate the predetermined overhead…
Q: General finance
A: 1. Calculate the P/E ratio (using last year's data):We are given:Last year's Earnings per Share…
Q: Need help with this question solution general accounting
A: Step 1: First, calculate the profitability index and then rank the projects According to the…
Q: tutor please give true answer No AI use Strictly
A: Step 1: Definition:The gross margin is the difference between sales revenue and the cost of goods…
Q: solve the problem
A: Explanation of Direct Labor Cost: Direct labor cost refers to the total wages paid to workers…
Q: Give me Labor Cost.
A: Step 1: Calculate Labor Cost for Cleaning• Formula: Cost for Cleaning = Hours for Cleaning × Rate…
Q: provide answer this financial account questions with choose correct options
A: Operating expenses: $57,000 (not used for Gross Profit calculation)Sales returns and allowances:…
Q: Help to solve this
A: Explanation of Work-in-Progress (WIP): Work-in-progress represents partially completed products that…
Q: Use the following data to find the total solution this question
A: Step 1: Define Cost VariancesThe cost (or price or rate) variances in standard costing are those…
Q: Which circumstances warrant modifications to standard depreciation method?
A: Explanation:Depreciation is a systematic method of allocating the cost of an asset over its useful…
Q: I need answer account question
A: Step 1: Define Financial RatiosFinancial Ratios are indicators of a financial performance and…
Q: Daget corporation uses direct labor hours in its predetermined overhead rate please provide answer
A: Step 1: Define Overapplied Manufacturing Overhead When the manufacturing overhead applied during the…
Q: Some of the information found on a detailed inventory card for Blue Spruce Stationery Ltd. for May…
A: Part 1: Compute the ending balance under the FIFO method as follows: ABCDEFGHIJ1FIFO Method2Date…
Q: Need answer the accounting question
A: Step 1: Define What Is The Maturity DateThe Maturity Date for an investment is known to be the…
Q: Need answer the accounting question not use ai
A: Explanation: In the given case, we are required to calculate predetermined overhead rate based on…
Q: Hosung Company's cash account adjusted ledger balance as of August 31 Accounting 100 chapter 6
A: Adjust for outstanding checks and the bank error:Adjusted Bank Balance;=Bank Balance−Outstanding…
Q: Vigeland Company completed the following transactions during Year 1. Vigeland’s fiscal year ends on…
A: January 15The purchase of merchandise is recorded as a debit to Inventory and credit to Cash for the…
Q: Can you please give me true answer this general accounting question?
A: Step 1: Define Direct Material CostDirect material can be defined as the raw material and components…
Q: The variable expense per unit is____.
A: Explanation of Contribution Margin Ratio:The contribution margin ratio represents the proportion of…
Q: Need general accounting question solution
A: Step 1: Define Overhead costOver head cost are those expenses which are incurred on to convert raw…
Q: I need answer Accounting
A: Step 1: Define Gross ProfitGross profit is calculated in the multi-step income statement. The…
Q: Farma's Llamas has a weighted average cost capital need help this question
A: The problem requires the determination of the debt-equity ratio. The debt-to-equity (D/E) ratio is a…
Q: Hi expert please give me answer general accounting
A: Step 1: Define Price-Earnings RatioPrice-Earnings Ratio is a financial ratio which analyzes the…
Q: Chicotti cocoa ...accounting questions
A: Step 1: Define Beginning InventoryBeginning inventory refers to the inventory which can be finished,…
Q: Please provide correct answer general accounting
A: Step 1: Introduction to bonds payableBonds payable refers to a type of long-term debt that a company…
Q: P-8
A: Explanation of Repairs Expense: This refers to costs incurred to maintain an asset in its normal…
Q: Roe
A: Explanation of Assets:Assets refer to the resources owned by a company that are expected to provide…
Q: A company uses the weighted -average method solve this question
A: Step 1: Define Assigning Cost in Process CostingThe production cost report is prepared in process…
Q: Business 123 Introduction to Investments May I please have the solution for the following exercise?…
A: Go to Morningstar's Risk Tab for Each FundFor each mutual fund you selected, visit Morningstar's…
Q: How do contingent assets differ from provisions?
A: Explanation of Contingent Assets: Contingent assets are potential assets that may arise in the…
Q: follow this questions and give true answer with short details
A: Step 1: Definition:Gross Profit is the difference between Net Sales and the Cost of Goods Sold…
Q: General Accounting Question
A: The computation of revenues and expenses as follows for the special order as follows: ABCD1 Reject…
Q: Please I need answer.
A: Explanation of Price-Earnings (P/E) Ratio: The Price-Earnings ratio is a valuation metric that…
Q: Need help with this general accounting question not use ai
A: Step 1: Define Credit PolicyA company's credit policy indicates how cash should be collected from…
Find the morning income
Step by step
Solved in 2 steps with 1 images
- Give me service charge amount.If you give me correct answer I will give you helpful rate on these accounting questionPlease help answer the Income statement. Use the data at the top of the schedule to complete the report. use the data from your cost of services provided schedule. The cost to use is: Daycare $18 - 22 dogs per day Boarding $25 - 12 dogs per day Grooming $25 - 4 grooms per day
- Mr K's is a very popular hair salon. It offers high-quality hairstyling and physical relaxation services at a reasonable price, so it always has unlimited demand. The service process includes five activities that are conducted in the sequence described next (the time required for each activity is shown in parentheses) Activity 1: Welcome a guest and offer homemade herb tea (8 minutes) Activity 2: Wash and condition hair (8 minutes). Activity 3: Neck, shoulder, and back stress-release massage (8 minutes) Activity 4: Design the hairstyle and do the hair (19 minutes). Activity 5: Check out the guest (6 minutes). Three service employees (S1, S2, and $3) offer the services in a worker-paced line. The assignment of tasks to the service employees is the following: S1 does activity 1, 52 does activities 2 and 3, and 53 does activities 4 and 5 e. What is the labor content? Labor content b. What is the average labor utilization? Note: Round your final answer to 2 decimal places. Average labor…Please tutor help me to get answer of this below general accounting questionCustomer profitability. Bracelet Delights is a new company that manufactures custom jewelry. Bracelet Delights currently has six customers referenced by customer number: 01, 02, 03, 04, 05, and 06. Besides the costs of making the jewelry, the company has the following activities: Customer orders. The salespeople, designers, and jewelry makers spend time with the customer. The cost-driver rate is $42 per hour spent with a customer. Customer fittings. Before the jewelry piece is completed, the customer may come in to make sure it looks right and fits properly. Cost-driver rate is $30 per hour. Rush orders. Some customers want their jewelry quickly. The cost-driver rate is $90 per rush order. Number of customer return visits. Customers may return jewelry up to 30 days after the pickup of the jewelry to have something refitted or repaired at no charge. The cost-driver rate is $40 per return visit.
- Sterling Hotel uses activity-based costing to determine the cost of servicing customers. There are three activity pools: guest check-in, room cleaning, and meal service. The activity rates associated with each activity pool are $8.10 per guest check-in, $24.00 per room cleaning, and $4.00 per served meal (not including food). Tara Stone visited the hotel for a 4-night stay. Tara had 5 meals in the hotel during the visit. Determine the total activity-based cost for Stone's visit during the month. Round your answer to the nearest cent.$fill in the blank 1Laura's Cutting Station offers a new concept in haircuts; low cost and very quick. Set in a local mall, Laura's offers 15-minute haircuts for harried shoppers who do not have time for lengthy appointments. To ensure that the clients are in and out quickly, she schedules her 5 employees based on expected client traffic. Each of the employees is paid $1270 per month, with part of their pay coming from client tips. Laura pays rent and overhead costs of $2200 per month on the facility. Because of the quick nature of the service, Laura doesn't have time to clean combs in between clients, so she uses a new comb for each customer, at a cost of $0.70 each. She also provides shampoo and conditioner for each client at a cost of $1.10 per client. The average price for a haircut is $14. Laura pays herself $5300 per month. What is Laura's contribution margin per haircut? O $13.30 O $12.20 O $12.90 O $11.90Sharon’s Cutting Station offers a new concept in haircuts; low cost and very quick. Set in a local mall, Sharon’s offers 15-minute haircuts for harried shoppers who do not have time for lengthy appointments. To ensure that the clients are in and out quickly, she schedules her 5 employees based on expected client traffic. Each of the employees is paid $1220 per month, with part of their pay coming from client tips. Sharon pays rent and overhead costs of $2400 per month on the facility. Because of the quick nature of the service, Sharon doesn’t have time to clean combs in between clients, so she uses a new comb for each customer, at a cost of $0.50 each. She also provides shampoo and conditioner for each client at a cost of $1.05 per client. The average price for a haircut is $13. Sharon pays herself $5600 per month. What is Sharon’s contribution margin per haircut? $11.45 $11.95 $12.50 $11.15
- Suds & Cuts is a local pet grooming shop owned by Collin Bark. Collin has prepared the following standard cost card for each dog bath given: Standard Quantity Standard Rate Standard Unit Cost Shampoo 1.2 oz. $ 0.20 per oz. $ 0.24 Water 10 gal. $ 0.04 per gal. 0.40 Direct labor 0.8 hr. $ 9.00 per hr. 7.20 During the month of July, Collin’s employees gave 350 baths. The actual results were 700 ounces of shampoo used (cost of $182.00), 6,000 gallons of water used (cost of $420), and labor costs for 240 hours (cost of $2,448). Required: 1. Calculate Suds & Cuts direct materials variances for both shampoo and water for the month of July. 2. Calculate Suds & Cuts direct labor variances for the month of July.Suds & Cuts is a local pet grooming shop owned by Collin Bark. Collin has prepared the following standard cost card for each dog bath given: Standard Quantity Standard Rate Standard Unit Cost Shampoo 1.2 oz. $ 0.20 per oz. $ 0.24 Water 10 gal. $ 0.04 per gal. 0.40 Direct labor 0.8 hr. $ 9.00 per hr. 7.20 During the month of July, Collin’s employees gave 350 baths. The actual results were 700 ounces of shampoo used (cost of $182.00), 6,000 gallons of water used (cost of $420), and labor costs for 240 hours (cost of $2,448). Required: 1. Calculate Suds & Cuts direct materials variances for both shampoo and water for the month of July. 2. Calculate Suds & Cuts direct labor variances for the month of July.eBook Show Me How Activity-Based Costing for a Service Business Sterling Hotel uses activity-based costing to determine the cost of servicing customers. There are three activity pools: guest check-in, room cleaning, and meal service. The activity rates associated with each activity pool are $8.00 per guest check-in, $16.00 per room cleaning, and $5.00 per served meal (not including food). Tara Lawson visited the hotel for a 5-night stay. Tara had 7 meals in the hotel during the visit. Determine the total activity-based cost for Lawson's visit during the month. Round your answer to the nearest cent.