Prairie Gardens Supply sold landscaping materials. Daily sales: mulch 35 bags at $12 each, soil 28 bags at $15 each, fertilizer 18 bags at $20 each. The total sales is?
Q: Want help
A: Explanation of Unearned RevenueUnearned revenue is the amount of money received by a business for…
Q: Accounting question
A: Step 1: Define Operating LeverageOperating leverage is needful to measure to what extent the…
Q: Tokan company has the following information concerning it's direct material need answer this…
A: Step 1: Define Variance AnalysisIn accounting, the variance analysis is usually deployed to compare…
Q: ForCo, a foreign corporation, receives interest income of $100,000 from USCo, an unrelated U.S.…
A: Step 1: Identify the Interest income received by ForCo from USCoStep 2: Identify the Percentage of…
Q: I need right answer
A: Explanation of Human Resource Accounting (HRA)Human Resource Accounting (HRA) is the process of…
Q: Select Correct options
A: Approach to solving the question: Repair cost40Total sales400estimated defect5%Repaired6 Estimated…
Q: 23 MC Question: financial accounting
A: Explanation of Rolling Forecasts: This is a dynamic financial planning method that continuously…
Q: Calculate the cost of goods manufactured
A: Explanation of Cost of Goods Sold: Cost of goods sold (COGS) represents the total direct cost…
Q: I need answer Accounting
A: Step 1: Define Gross ProfitGross profit is calculated in the multi-step income statement. The…
Q: Get Answer Of this One with Method of Accounting
A: Step 1: Define Accounts Receivable Turnover:Accountants and analysts perform various techniques to…
Q: Please provide this question solution general Accounting
A: Step 1: Define Economic Order QuantityIn order to minimize total holding costs and inventory…
Q: Fonics corporation is considering accounting
A: The problem involves the determination of the profitability index or PI. Profitability Index…
Q: Prime Products hopes to borrow $32,000 on April 1 and repay it plus interest of $800 on June 30. The…
A:
Q: Liabilities?
A: Explanation of Assets: Assets are economic resources owned by a company that provide future economic…
Q: Don't use ai to answer I will report you answer
A: 1.Annual After-Tax Cash FlowsPre-tax cash flows: Cash receipts−Operating…
Q: Financial Accounting Question please need help
A: Step 1: Define Bonds Payable: MeasurementBonds payable should be initially measured at its fair…
Q: Hello tutor please provide correct answer accounting question
A: Step 1: Define Debt to Equity RatioThe ratio of total debt relative to total equity is called the…
Q: I need this question answer please given but not use ai
A: Step 1: Define Direct Labor CostThe direct labor budget is that of any labor directly involved in…
Q: Hanley carwash
A: Step 1: Define Profit Volume ratioThe profit volume (P/V) ratio shows the amount of profit or…
Q: Hello tutor please provide this question solution general accounting
A: Step 1: Define Indirect MethodUnder the indirect method, net income is adjusted for non-cash…
Q: Hello tutor please provide this question solution general accounting
A: Market Price per Share = $72Earnings per Share (EPS) = $12 P/E ratio = Market Price per Share /…
Q: Consignee's payable amount?
A: Explanation of Consignment:Consignment refers to an arrangement where a consignor (the owner of the…
Q: Dollywood corporation accumulates the..accounting questions
A: Step 1: Define The High-Low MethodIn cost accounting, all costs must be classified as either…
Q: 38 Question of general accounting
A: Explanation of Tips: These are additional payments made by customers to service staff as a reward…
Q: Need help with this question solution general accounting
A: Step 1: Definition of Standard Cost Per Unit:The standard cost per unit of a product is helpful in…
Q: The venus company hired an architect to design plans and a construction
A: Step 1: Define Acquisition Cost of AssetAcquisition Cost of Asset is the purchase price of the asset…
Q: On November 4 ,2009, blue company acquired an asset solution this question
A:
Q: Starlight Cinema
A: Step 1. Definition:Concession revenue refers to the income earned by selling food and drinks at a…
Q: I want to correct answer general accounting
A: Step 1: Formula Weighted average of the company's debt = Total market value of the company's…
Q: Need help with this question solution general accounting
A:
Q: In which circumstance does partial recognition of intercompany profit occur? {financial accounting}…
A: Explanation of Intercompany Profit: This refers to the profit generated from transactions between…
Q: Korte Company's Account reported the following information for 2014: Sales revenue Cost of goods…
A: Step 1: Introduction to income statementIncome statement is referred to as the financial statement…
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: 18 26 30 42 50 52 52 76 78 84 For the given data, the mean is the median is and the mode is Suppose…
A: The mean is calculated by adding all the numbers in the data set and then dividing by the number of…
Q: General Accounting Question Solve
A: Step 1: Definition of Average Collection Period:A period that tells about the competence of the…
Q: I need answer
A: Explanation of Basic Rate:The basic rate refers to the cost at which goods or materials are recorded…
Q: Determined the value of materials
A: Explanation of Opening Stock:Opening Stock refers to the value of raw materials or inventory that a…
Q: some tutor please help to solve this general account query NO AI
A: Step 1: Determine the lower of cost or market value for each itemItem A: Cost = $14, Market = $12.…
Q: Give true answer this general accounting question
A: Step 1: Define Historical CostThe cost principle in accounting requires that assets are recorded at…
Q: New visions inc is looking to achieve a net income please solve this question
A: Hello student! To calculate the required level of sales in units to achieve a net income of 15%, let…
Q: Absorption and variable costing Bird's Eye View manufactures satellite dishes used in residential…
A: Fixed Selling & Administrative Expense: \text{Fixed S&A} = 180,000Income Before…
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: Please provide this question solution general accounting
A: Step 1: Define Operating LeverageOperating leverage calculates the changes in the operating income…
Q: Ticket Revenue for this general accounting Question
A: Explanation of Ticket Revenue: Ticket revenue represents the total income generated from selling…
Q: E shop inc has...Accounting question
A: Step 1: Define Sales RevenueThe different growth avenues for sales revenue are brainstormed during…
Q: Total Ingredient Cost?
A: Explanation of Ingredient Quantity:Ingredient quantity refers to the amount of each ingredient used…
Q: Question financial accounting
A: Explanation of Opening Stock: This represents the value of raw materials on hand at the beginning of…
Q: Good morning food inc. is using the profitability index solve this question ❓
A:
Q: Hello expert help me with this question
A: The cost per equivalent unit is computed by dividing the total cost available by the total units as…
Q: I want to correct answer general accounting
A:
General accounting 6.3
Step by step
Solved in 2 steps with 2 images
- Lowes Farm Supply paid $73 for a large bag of fertilizer. Expenses are 13% of cost and the profit is 21% of cost. Round the answers to the nearest cent if necessary. 1) What is the regular selling price? 2) To help clear inventory, the fertilizer was sold at break-even during a sale. What is the break-even selling price?Orchard Supply sells lawn fertilizer at a price of $12.50 per bag. If the markup is 25% of cost, find the cost.Homeward Hardware buys cat litter for $6 less 20% per baq. The store's overhead is 45% of cost and the owner requires profit of 20% of cost. 1. For how much should the bags be sold? 2. What is the amount of markup included in the selling price? 3. What is the rate of markup based on selling price? 4. What is the rate of markup based on cost? 5. What is the break-even price? 6. What operating profit or loss is made if a bag is sold for $6?
- A firm sells 2,800 units of an item each year. The carrying cost per unit is $3.26 and the fixed costs per order are $74. What is the economic order quantity? (Please round units to the nearest whole number) need help meYarn Basket, Ltd., sells handminus−knit scarves. Each scarf sells for $35. The company pays $350 to rent a vending space for one day. The variable costs are $10 per scarf. What total revenue amount does the company need to earn to break even?A firm sells 2,800 units of an item each year. The carrying cost per unit is $3.26 and the fixed costs per order are $74. What is the economic order quantity? (Please round units to the nearest whole number) help me
- A company purchased 10,000 pairs of men's slacks for $19.36 per pair and marked them up $22.33. What was the selling price of each pair of slacks? Use the formula S=C + M The selling price of each pairs of slacks is $ EmA clothing retailer is going to mail out 10,000 catalogues. It costs $2 to mail out each catalogue. When a customer places an order from a catalogue assume a profit of $50 per order is earned. It is assumed that 5% of those who receive a catalogue will place an order however, this number can vary. Use the file below to help you with your tables. Assume that: [total profit = total profit made from the orders – the amount spent on mailing out the catalogues]. a) Use a one-variable data table to determine how the total profit earned from the mailing will vary depending on a response rate between 4% and 10% (with increments of 2%). b) Create a two-variable data table to show how the total profit changes with a varying response rate and number of catalogues mailed. Vary the response rate between 4% and 10% with increments of 2% and vary the number of catalogues mailed from 10,000 to 30,000 at increments of 5000.Acme Inc. manufactures and sells widgets. Acme Inc. sells widgets for $15 each. Acme Inc. uses 3 gizmos for each widget. Gizmos cost $2 each. In December, Acme sold 300 widgets. Acme also pays rent of $500 per month. please show work. A.) What is Acme Inc.'s contribution margin per unit? B.) What is Acme Inc.'s contirbution margin ratio? C.) Assuming the about information is all revenue and expenses for scme, what is December's net income? D.) Determine the fixed cost give the following information: Lowest level of activity- 200 units at a total cost of $600 Highest level of activity- 800 units at a total cost of $1,800 Fixed cost =