The following list shows the items and prices for a restaurant order. Calculate the total amount if there is an 8% tax and the customer leaves a 20% gratuity. 1 appetizer: $8.59 2 entrees: $15.99 each 1 dessert: $4.69 2 drinks: $2.10 each
Q: Sub is account. solve asap
A: The manufacturing margin under variable costing, we only consider the sales revenue and variable…
Q: I want answer asasp
A: When Anne purchased the annuity, she effectively exchanged $130,050 for the promise of receiving…
Q: The per-unit cost of an item is its average total cost (= total cost/quantity).Suppose a new cell…
A: Step 1: Formula for Per-Unit CostThe per-unit cost is calculated as: Per-Unit…
Q: General Accounting
A: Step 1: Determine Direct Materials per unitStep 2: Determine Direct Labor per unitStep 3: Calculate…
Q: Get correct answer accounting questions
A: Let's review all the given accounts and identify the current liabilities.Note that current…
Q: Need solution for this account Q
A: To compute the production cost per unit under variable costing, we will include all variable costs…
Q: Given answer accounting questions
A: Step 1: Define Intangible AssetsThe assets can be divided into two categories namely tangible asset…
Q: Please need answer the general accounting question
A: Step 1: Define P/S RatioThe P/S ratio is the ratio of a firm's price per share to its sales per…
Q: 4. Swan Textiles Inc. produces and sells a decorative pillow for $98.00 per unit. In the first…
A: Calculate Total Manufacturing Cost per UnitUnder absorption costing, the total manufacturing cost…
Q: Solve the problem
A: Direct material quantity variance = (Standard quantity allowed - Actual quantity used) x Standard…
Q: Hello tutor please provide correct answer general accounting question
A: Step 1: Define Dividend YieldA stock's dividend yield is the ratio of the stock's dividend payment…
Q: Altira Corporation provides the following information related to its inventory during the month of…
A: First, we need to calculate the total cost of goods available for sale. This includes the beginning…
Q: need general account solution
A: To calculate the total product costs for September, we need to include only costs associated with…
Q: Bolka Corporation a merchandising company... Please provide answer the general accounting question
A: Step 1: Define Variable CostsThe variable costs should include product and period variable costs…
Q: Answer this accounting question
A: Explanation of Contextual Materiality:Contextual materiality refers to the consideration of both…
Q: None
A: Applied Overhead:Applied overhead = Standard hours allowed * Standard overhead rate= 46,750 hours *…
Q: Please give me answer general accounting
A: Step 1: Define Depreciation ExpenseDepreciation expense is a non-cash expense that represents the…
Q: Give true answer the financial accounting question
A: Step 1: Define Corporate BondsCorporate bonds are debt instruments designed to give lenders the…
Q: Need help with this question solution general accounting
A: Step 1: Define Manufacturing overhead costThe factory expenses which are occurred in the company's…
Q: Provide correct answer general account
A: Step 1: Definition of Activity Method of DepreciationActivity method depreciation is a way of…
Q: Please see table for information
A: Explanation of Period Costs: Period costs are expenses that are charged to the accounting period in…
Q: General accounting
A: Step 1: Define Price-Earnings RatioThe valuation of a share of a given firm can be ascertained by…
Q: Big Ben Service reported a decrease in income taxes payable of $4,300 during the year and an…
A: a. Cash Paid for Income Taxes (Direct Method)To calculate cash paid for income taxes using the…
Q: Financial Accounting Question please answer
A: Present Value (PV) of withdrawals at Year 5Kristen's son will withdraw $5,000 at the beginning of…
Q: Question: EXPLAIN THE ROLE OF THE CONSERVATISM PRINCIPLE IN ACCOUNTING, AND...
A: Definitions Related to the Question:Explanation of Conservatism PrincipleThe conservatism principle…
Q: Please given correct answer general accounting
A: Step 1: Define Intangible AssetsIntangible assets refer to identifiable assets that have no physical…
Q: Use the given information to find the new price on this general accounting question
A: Step 1: Define Markup PriceMarkup refers to a rate or amount added to the original cost/price of a…
Q: Company abel has total sales solve this question not use chart gpt..
A: Step 1: Define SalesFirms in a monopoly market have the advantage of charging cash down payment on…
Q: Bolding inc contribution margin ratio is 64% solve this accounting questions
A: Step 1: Define Net Operating IncomeThe last derivation of the contribution margin income statement…
Q: Please given answer this general accounting question
A: Value of security, today = $12,800Value of security, after three years = $16,124.31Time period = 3…
Q: The MegaMart Company began 2024 with inventory of 18,000 units at a cost of $9 per unit. During…
A: First, we need to calculate the total cost of goods available for sale. This is the sum of the…
Q: General accounting question
A: Step 1: Define Gross Profit MarginThe gross profit margin ratio for a firm is one of the several…
Q: At an activity level of 10,000 machine hours in a month, Nooner Corporation's total variable…
A: Step 1: Breakdown of CostsGiven:Variable cost for 10,000 machine hours = $837,000Fixed cost per…
Q: SOLVE
A: Explanation of Cost of the Machine:The cost of the machine refers to the total expenditure incurred…
Q: Need help with this question solution general accounting
A: Step 1: Definition of P/E RatioThe Price-to-Earnings (P/E) Ratio is a financial metric that compares…
Q: ?
A: To calculate the variance between the acceptable waste limit and the actual waste, we can follow…
Q: Tagline is general account query
A: To determine the increase in the Lower of Cost or Market (LCM) reserve, we compare the inventory…
Q: Strict warning: no ai
A: Question:1Explanation of Integrated Control Frameworks:An integrated control framework connects…
Q: what is Gross margin?
A: Step 1: Introduction to cost accountingThe field of accounting known as cost accounting is utilized…
Q: I want to correct answer general accounting
A: Step 1: Define Straight-line Depreciation MethodStraight-line depreciation method spreads the…
Q: Need help with this financial accounting question not use ai
A: Step 1: Define Income TaxIncome tax is imposed on the income of individuals who earn above certain…
Q: Subject = General Account
A: The Lower of Cost or Market (LCM) is an accounting principle that requires inventory to be valued at…
Q: 18) Pet Products Company uses an automated process to manufacture its pet replica products. For…
A: First, we need to calculate the equivalent units of production for both direct materials and…
Q: posting this questions please solve. Subject = General Account
A: Step 1: Key InformationForeign income: $100,000Host country tax rate: 25%U.S. tax rate: 35%Bilateral…
Q: Watch this video "data Visualization for Data Analysis and Analytics" and then share in a one page…
A: What I Learned from "Data Visualization for Data Analysis and Analytics" Data visualization is a…
Q: Hi please solve this question. Note. General Account Subject
A: Hello student! In a manufacturing business, costs are typically classified as:Product Costs - costs…
Q: Given answer accounting questions
A: Step 1: Define Bond DiscountA bond discount represents the difference between the bond's issue price…
Q: The manufacturing costs of heather solution this accounting questions
A: Steps:Identify the highest and lowest activity levels:Highest activity level: March with 6,120 units…
Q: ACCOUNTING 3.7
A: Explanation of Activity-Based Costing (ABC): Activity-based costing is a method of assigning costs…
Q: Compute the price earnings ratio given the following.
A: The question requires the determination of the P/E ratio or the Price Earnings Ratio.The…
Provide correct answer general accounting
Step by step
Solved in 2 steps
- Suppose you buy lunch for $17.00 that includes a 8% sales tax. How much did the restaurant charge you for the lunch (excluding any tax) and how much does the restaurant owe for sales tax? (Do not round intermediate calculations. Round the answers to 2 decimal places.) $15.74 for lunch and $1.26 for sales tax. $17.00 for lunch and $1.36 for sales tax. $17.00 for lunch and $1.26 for sales tax. $15.64 for lunch and $1.36 for sales tax.Pillar's meat offers a case discount of 4 1/8 to retailers that pay at the time of p urchase. If Bib's Meats picks up an order of meat that cost $450 and pays imme diately, what will they pay for the order?|Find the selling price. A store pays $8 for a pool noodle. The markup is 20%.
- A restaurant purchased a shipment of potatoes for $150 less discounts of 13%, 6%, and 2%. a. Calculate the equivalent discount rate that represents these three discounts. Round to two decimal places b. Calculate the net price of the shipment. $ Round to the nearest centLook at the question belowPlease type the answer. Dont use CHATGPT Best Burgers is a local burger joint that is celebrating its 10th anniversary. To reward its customers, Best Burgers has decided to offer its customers a discount of 20% during the next week. If the burgers usually sell for $2.00 each and Best Burgers expects to make a profit of $0.20 on each burger after the discount, what is the cost of making each burger? (Round your answer to 2 decimal places.)
- Burger Queen offers a lunch meal deal for its customers. The customer will get a burger, fry, soft drink, and ice cream for $15. If the customer were to buy each item individually, the cost would be broken down as follows: Burger Fry Soft Drink Ice Cream $3.00 $3.75 Using the stand-alone cost allocation, how must of the transaction price should be allocated to the fry, soft drink, and ice cream? (Do not round the intermediate calculations.) $3.00 $7.50 $3.75 $0.5 $3.50 $4.00 $2.80 $3.20 $3.00 $4.00 zero $4.00 zero $4.00Sales promotions Assume that Stacey Bauer clipped from a newspaper advertisement a coupon for $2 off any 20" pizza from Rosa & Gene's Pizzeria. Stacey ordered a 20" pizza with three toppings for $18.75. When the pizza arrived, Stacey gave the delivery person $20. a. How much change should Stacey receive from the delivery person? Round your answer to two decimal places. b. How much would Rosa & Gene's Pizzeria record for the sale of the pizza to Stacey? Round your answer to two decimal places. c. Did Rosa & Gene's Pizzeria incur a liability when it placed the $2-off coupon advertisement in the newspaper?Burger Queen offers a lunch meal deal for its customers. The customer will get a burger, fry, soft drink, and ice cream for $5. If the customer were to buy each item individually, the cost would be broken down as follows: Burger $2.50 Fry $1.25 Soft Drink $1.00 Ice Cream $1.50 Using the incremental cost allocation, how must of the transaction price should be allocated to the burger? (do not round intermediary calculations) Question options: a) $2.50. b) $2.10. c) $2.08. d) $2.48.
- The ingredients foryour skillet brownie cost $1.89. You want your food cost percentage for this item to be 30% or lower. What's the low price you can charge? Round to the nearest cent. Select one: a. $5.98 b. $6.00 c. $6.30 O d. $5.67A restaurant sells pizza at a rate of $14.35/slice. Expenses for the restaurant include raw material for pizza at $9.35 per slice, $152.00 as monthly rental and $58.00 monthly as insurance. How many slices should the restaurant sell in a month to break even? SubmitPlease see the attachment for details