Hi someone tutor can you solve it? subject is account Green Leaf Company had the following information available onDecember 31:TotalItemUnits CostcostMarketvalueTotal marketvalueWheelbarro100 $32.10 $3,210$ 33.00$3,300WSShovels320 14.004,48012.003,840Gloves80 8.606889.40752Hoses140 11.001,54010.501,470$ 9,918$9,362Management applies the LCM rule on the basis of the total inventory.What is the write-down required?a. $864.b. $556.c. $576.d. $710.

To determine the write-down required using the Lower of Cost or Market (LCM) rule on the basis of…

Answered: Green Leaf Company had the following…

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter12: Differential Analysis And Product Pricing

Section: Chapter Questions

Problem 12.16E: Product cost concept of product pricing Based on the data presented in Exercise 12-15, assume that...

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Calculate total revenue and fill in the table below. Price Quantity Total Revenue S50 60 $40 06 $35 110 S30 140 $25 190
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Interpret the chart; A. Moving average interpretation of market phase
> Quint... M 6 D J 3 E5-18 (Algo) Calculating Contribution Margin and Contribution Ratio, Preparing Contribution Margin Income Statement [LO 5-5] bok int 7 rint 0 erences ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A %252F%252Flms.mheducation.com%252Fmgh M 6 M Search results - yaz... M Question Mode: M... C 11 Riverside Incorporated makes one model of wooden canoe. Partial information for it follows: Number of Canoes Produced and Sold Total costs Variable costs Fixed costs Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit Unit contribution margin Contribution margin ratio 400 Scenario 1 Raises Sales Price to $470 per Canoe $ 54,000 60,000 $ 114,000 $135.00 150.00 $285.00 600 $ 81,000 60,000 $ 141,000 % Contribution Margin Income Statement $ 135.00 100.00 $ 235.00 Scenario 2 Increase Sales Price and Variable Cost per Unit by 10 Percent Riverside sells its canoes for $370 each. Next year Riverside expects…
mheducation.com/ext/map/index.html?_con%3Dcon&external_browser-D0&launchUrl=https%253A%252F%252Flms.mheducation.com%252Fmghmiddleware%252 ework: Assignment 1 Saved Income statements for Thornton Company for Year 3 and Year 4 follow: THORNTON COMPANY Income Statements Year 3 $201,300 $181,300 Year 4 Sales Cost of goods sold Selling expenses Administrative expenses 000'T 000'tZI 20,500 18,500 009'ZI 009 5T 3,300 $179,400 5,300 $159, 400 Interest expense Total expenses Income before taxes 006'29 006'1 Income taxes expense 6,200 005'E Net income $ 15,700 $ 18,500 Required a. Perform a horizontal analysis, showing the percentage change in each income statement component between Year 3 and Year 4 b. Perform a vertical analysis, showing each income statement component as a percentage of sales for each year. Complete this question by entering your answers in the tabs below. Required A Required B the nercentage change in each income statement component between Year 3 and Year
Leatned Corporation has proviaed insa costper COst pel period direc marerials: direct LaOor: variable manufact overnead:S1.65 Fixed manutack oveihead: Saes commisions: variable administiahve expense 070 fixed seling and admin expense: $5.90 4.0S $30,000 $9.600 Reauired a for Financial reporting purpo ses what IS the total amaunt of product costs incurrea. b. For financial reporting purposes what S the torai amounAt OF product costs ncurrea to sell 6,000 unitsz C It the selling price what is the contibution maigın per unst sold2 to mahe 6,000 unitS? $23.40 per unit altotal product (manufacruring) cost. bto tal pe1od inonmanueacturing) LOst contriburion margin Per unit
explain your solution Operating margin Market Ratio Operating income Current Ratio = Ravenue 6957873 73686228 = 0.094 Grooss profit cost of goods solds = 0.561 26505347 47180881 Current Assets Current liabilities 72595989 53459728 = 135795657
Informaban relates to the unit the Manino The manufacdunng eb Company 4 praluct Wge by of shs 100 Selling Rrice Cast of sales of Vanigble cats casb -65 (85) Fixed Gmas Propt çllng and administahive conb Net propt 20 15 (10) lempang hudgels fu ficed producb ced. fred to selling and adminishabse codb casb 3,600.000and ace lnwred evenly dunig 150,000 per annum. These the poar Dunng the latert faandial your! were achieved frot 6 monthr second 6 mo nthe Produchren Cunde) (unit) Isales 75,000 60 000 50 1000 70,000 stockr at There were Fried year- locured coab Inured duning the beginniog g the and odmiaiskcabse seling equal o the holged no opening poduchon cast and the were Required: Prepare taiding poAt and the tus six manth methlods; Abcorphon lehi lau statemenb for each sach the plkwy of @) Marguñal Corbng
Market Quantity Supplied for Firm W, Firm X, Firm Y, and Firm Z Table: Firm W's Firm X's Firm Y's Firm Z's Price Quantity Quantity Quantity Quantity Supplied Supplied Supplied Supplied $0 0 0 0 0 84 $4 2 5 4 3 $8 4 10 10 8 6 $12 6 15 12 9 $16 $20 8 20 20 16 12 10 10 55 25 20 20 15 Refer to the table. If these are the only four sellers in the market, then when the price increases by $4, the market quantity supplied increases by units. 4
Given market data in Table 2 below Table 2: Market Quantity Supplied and Demanded Data for Good X Market Quantity Prices Supplied (P) (Qs) Quantity Demanded (Qd) $18.00 20 100 $20.00 40 80 $22.00 60 60 $24.00 80 40 $26.00 100 20 The inversed function of QS(P) is OP(QS) = 16.000 + 0.100QS OP(QS) = 20.000 + 0.100Q OP(QS) 16.000 + 10.000Q OP(QS) = 20.000 + 10.000Q
IN BUSINESS MATHEMATICS DIRECTION: COMPLETE THE FOLLOWING TABLE SELLING PRICE , COST, MARKUP, MARK-UP BASED ON SELLING PRICE, MARK-UP BASED ON COST

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