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: Question: 7 Marks
A: Explanation of Direct Materials UsedDirect materials used refer to the raw materials that are…
Q: Nicholas earned...financial accounting
A: Step 1: Define After-Tax Rate of ReturnThe after-tax rate of return is the real return an investor…
Q: Question-38
A: Step 1: While calculating the depreciation, salvage value is deducted from the original cost of the…
Q: Lone star has computed the following unit costs solution this question
A: Step 1: Define Variable CostingThe variable costing income statement only considers the variable…
Q: Hello tutor please provide answer accounting
A: Step 1: Define Inventory ManagementThe management of inventories enables businesses to choose which…
Q: Suppose you sell a fixed asset...accounting questions
A: Step 1: Define Capital LossA capital loss arises when a capital asset is sold for less than its book…
Q: Betman corporation sold an office building that it used in solve this question ⁉️
A: Step 1: Define Capital GainCapital gain can be divided into two categories namely short-term capital…
Q: General Accounting Question solve please
A: Step 1:Under high low method, variable cost per unit can be calculated by following formula = (…
Q: Cara manufactures furniture. The cost accounting system estimates manufacturing costs to be $480 per…
A: Step 1: Calculate the variable cost per tableVariable cost percentage = 60%Total cost per table =…
Q: Answer me
A: Explanation of Income Recognition: Income recognition refers to the accounting principle that…
Q: The refining department solve this question
A: Step 1: Define WIP InventoryWork-in-progress (WIP) is a production and supply-chain management word…
Q: Last year lakesha's lounge furniture corporation has a Roa calculation this question and correct…
A: The problem requires the determination of the internal growth rate. An internal growth rate (IGR) is…
Q: some expert check this details and give answer short
A: Identify Key Values:Beginning Inventory = $190,000Net Purchases = $4,000,000Net Sales =…
Q: I need answer Accounting
A: Step 1: Define Gross ProfitGross profit is calculated in the multi-step income statement. The…
Q: which option is correct?
A: Explanation of Real-Time Accounting:Real-time accounting refers to the continuous updating and…
Q: need answer help
A: Detailed explanation:1. Sustainability Considerations: Sustainability in accounting refers to…
Q: The total factory overhead for Rowland company is budgeted
A: Step 1: Define Predetermined Overhead RateThe company could calculate the predetermined overhead…
Q: provide answer this account questions. NO AI use strictly
A: BANDS Step 1: Calculate the goods available for sale COGS - Cost of goods available for sale…
Q: Milton Company reported inventory of $60,000 at the beginning of 2018. During the year, it purchased…
A: Step 1: Introduction to income statementIncome statement is referred to as the financial statement…
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: 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: Record the amount
A: Explanation of Basic Rate: Basic rate is the standard or predetermined cost assigned to materials or…
Q: Prairie Gardens Supply sold landscaping materials. Daily sales: mulch 35 bags at $12 each, soil 28…
A: Step 1: Step 2: Step 3: Step 4:
Q: Determine the total sales
A: First, let's identify the components:Cash sales: $120,000Credit sales: $280,000Returns: $20,000To…
Q: The unadjusted trial balance as of December 31, 2024, for the Bags Consulting Company appears below.…
A: Detailed explanation:Posting of the beginning balances to the T account :The balances of the asset…
Q: When should accountants consider alternative performance measure?
A: Explanation of Alternative Performance Measures:These are metrics that go beyond traditional…
Q: Accounting question please provide answer
A: Step 1: Define Activity-Based Costing (ABC) MethodThe manufacturing overhead costs are common costs…
Q: General Accounting Question's Answer please
A: Step 1: Return on common shareholder's equity can be calculated by dividing the Net income less…
Q: Media,inc,an advertising agency solve question accounting
A: Step 1: Define Under-Applied OverheadWhen the actual overhead costs are greater than the applied…
Q: Need solution this question general accounting
A: Step 1:a. As per accounting equation,Total assets = Total liabilities + Total stockholders'…
Q: Hello tutor please provide this question solution general accounting
A: Step 1: Define EquityFollowing the accounting equation, equity is computed as the difference of…
Q: Tala Inc uses revaluation accounting for its Equipment. July 7, 2023: Purchased Equipment for…
A: If you have any clarifications (i.e., expand the explanation) or want different, expanded, or…
Q: Solution
A: Explanation of Standard Costs: Standard costs are predetermined costs that are set for materials,…
Q: Need help with this question solution general accounting
A: Step 1: Define CVP AnalysisCVP analysis (Cost - Volume - Price) is conducted for forecasting and…
Q: Hi expert please give me answer general accounting
A: Step 1: Define Cost Volume Profit Analysis (CVP Analysis)CVP analysis is performed to make…
Q: Need General Accounting
A: Step 1: Given JuneJulyAugustProjected sales$5,121$6,499$7,243 Collections:Cash sale: Month of sale…
Q: answer
A: The problem involves calculating estimated direct labor hours used in a predetermined overhead rate.…
Q: I need answer accounting question
A: Step 1: Define OverheadOverhead requires allocation because it cannot be directly traceable to the…
Q: Give me answer
A: Steps and explanations are as follows:In case of any doubt, please let me know. Thank you.
Q: Question financial accounting
A: Explanation of Opening Stock: This represents the value of raw materials on hand at the beginning of…
Q: Report
A: Approach to Solving the Question:The problem involves basic arithmetic operations to calculate the…
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: Give me accurate response
A: IntroductionWhen companies issue bonds to raise capital, the price at which the bonds are issued can…
Q: (General accounting) 2.5
A: Explanation of Arm's Length Principle:The arm's length principle ensures that transactions between…
Q: Hello tutor please hepl me this question ❓
A: Step 1: Define Shareholders EquityShareholders' equity is the owner's claim on the assets of the…
Q: Hi expert please provide this question solution general accounting
A: Step 1: Define Weighted average methodThe weighted average method is determined by multiplying the…
Q: hello tuter Please provide correct answer
A: Given data, Price per share : $22P / E ratio : 12 We know that, P/E=Earning per sharePrice per…
Q: Want help
A: Explanation of Unearned RevenueUnearned revenue is the amount of money received by a business for…
Q: Financial Accounting
A: Step 1: Define Debt to Equity ratioA firm uses debt and equity in order to raise capital for its…
Q: I need answer account question
A: Step 1: Define Financial RatiosFinancial Ratios are indicators of a financial performance and…
Total Sales? Solve the problem
Step by step
Solved in 2 steps
- What is right solution?Need solutionLowes 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 me
- Yarn 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 meA 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 $ Em
- 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) General AccountA 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) solve this general accounting QueryA company purchases 250 units at $12 each and 310 units at $19 each. What is the weighted average cost per unit? A) $12.25 B) $ 15.88 C) $14.78 D) $15.61. Help