Zarena was reviewing the water bill for her dog day care and spa and determined that her highest bill, $3,800, occurred in May when she washed 400 dogs and her lowest bill, $2,400, occurred in November when she washed 200 dogs. What was the variable cost per dog associated with Zarena's water bill? A) $6.00 B) $12.00 C) $9.50 D) $7.00
Q: Kindly help me with accounting questions
A: Step 1: Definition of Return on Assets (ROA)Return on Assets (ROA): Measures the efficiency of a…
Q: General accounting
A: Formula for the Fair Value of a Growing PerpetuityThe fair value (FV) of a growing perpetuity can be…
Q: General accounting
A: Step 1: Define Recognized GainRecognized profit can be defined as paper profit. In other words, it…
Q: FINANCIAL ACCOUNTING 5.8
A: Concept of Sales Units per Day:Sales units per day represent the number of units an individual is…
Q: Neptune manufacturing planned and produced solution general accounting question
A: 1. Determine Unit Product Cost Using Absorption Costing Absorption costing includes both variable…
Q: The indirect cost allocation rate must have been? General accounting
A: Step 1: Define Allocating Manufacturing Overhead CostsThe total costs incurred by a manufacturing…
Q: Get correct answer accounting questions
A: Step 1: Define Shareholders' EquityShareholders' equity is the owner's fund, which is invested by…
Q: Don't use ai given answer accounting questions
A: Step 1: Definition of Markup PercentageMarkup percentage refers to the percentage added to the cost…
Q: Clanton Company is financed 75 percent by equity... Please provide answer the accounting question
A: Step 1: Define Retention RatioThe retention ratio refers to the proportion of net income retained in…
Q: Need help with this general accounting questions
A: Step 1: Define Financial RatiosIn managerial accounting, financial ratios are important ratios. In…
Q: Mace auto parts company solve this question general Accounting
A: Step 1: Define Average Collection PeriodThe average collection period refers to the period in which…
Q: Don't use ai given answer accounting questions
A: Step 1: Definition of Operating LeverageOperating Leverage: Operating leverage measures the…
Q: Which of the following does NOT appear on an income statement prepared using variable costing? A.…
A: Correct Answer: C. Gross margin Explanation:Variable Costing Overview:Under variable costing, only…
Q: General Account Subject Questions Answer it
A: Step 1: Key InformationSalary: $80,000.Gain on §1244 Stock: $20,000 (acquired two years earlier;…
Q: What is the realizable value of accounts?
A: Explanation of Accounts Receivable: Accounts receivable represent the amounts owed to a company by…
Q: None
A: Step 1: Define Tax LiabilityA company's tax liability is the amount due to the Internal Revenue…
Q: Provide correct answer general Accounting
A: To calculate the earnings per share (EPS) for Crane Company, we need to determine the weighted…
Q: Need help with this question solution general accounting
A: Step 1: Definition of Operating LeverageOperating leverage measures the sensitivity of operating…
Q: Need help with this accounting questions
A: Step 1: Definition of Commercial SubstanceA transaction has commercial substance when it is expected…
Q: Hello tutor give me solution
A: Explanation of Return on Equity (ROE):Return on Equity (ROE) is a financial ratio that measures a…
Q: I need answer of this accounting questions
A: Step 1: Definition of Partnership Distributions and Basis AdjustmentsIn a partnership, each…
Q: The predetermined overhead rate for RON Company is $10, comprised of a variable overhead rate of $6…
A: Explanation of Predetermined Overhead Rate: The predetermined overhead rate is a rate established at…
Q: You are interviewing three people for one sales job. On the basis of your experience, you believe…
A: Step by step calculation:Mike's Efficiency:Sales per dollar = 600/200 = 3 units per dollar Jerry's…
Q: answer wanted..
A: Step 1: Identify units completed and transferred outStep 2: Calculate equivalent units for ending…
Q: Hi expert please give me answer general accounting question
A: Step 1: Definition of Lower of Cost or Market (LCM) RuleThe LCM rule is an accounting principle used…
Q: Please solve this question general accounting
A: Step 1: Define Gross ProfitThe gross profit is the overall profit after neglecting the expenses and…
Q: Financial Account
A: Step 1: Introduction to inventory valuationInventory valuation is referred to as that method which…
Q: Compute a fair rate of return for intel common stock.which has a solve this question
A: As per CAPM, Required stock return = Risk-free rate + Beta*(Market rate-Risk-free rate) Required…
Q: Do fast answer of this General accounting questions
A: The PEG ratio (Price/Earnings to Growth ratio) is calculated using the formula: PEG Ratio = (P/E…
Q: Need help this question general accounting
A: Step 1: Definition of Net EarningsNet earnings refer to the total amount an employee takes home…
Q: Please given correct answer general Accounting
A: Step 1: Define Predetermined Overhead Rate (POHR)The Predetermined Overhead Rate (POHR) is…
Q: Provide correct answer general accounting
A: Step 1: Define Variable CostingVariable costing is a costing method used for internal reporting in…
Q: What is the beginning and ending amounts?
A: To calculate the beginning and ending amounts of equity, we can use the basic accounting equation:…
Q: I need answer of this question solution general accounting
A: To calculate the firm's price-earnings ratio (P/E ratio), we need the market price per share and the…
Q: Total manufacturing costs are $170,000 when 15,000 packages are produced. Of this amount, total…
A: To calculate the total production costs when 20,000 packages are produced, we can break the costs…
Q: Please given correct answer general accounting
A: Step 1: Define Variable CostingVariable costing is a costing method used for internal reporting. It…
Q: Financial accounting
A: Step 1: Define Promissory NoteA promissory note is a document that represents an agreement between…
Q: General accounting
A: Step 1: Define Common StockholderThe person holding at least one share of the corporation…
Q: Please given answer general Accounting
A: To calculate the inventory turnover ratio, we need to use the following formula: Inventory Turnover…
Q: Solve this question financial accounting
A: The formula for calculating Gross Profit Percentage is: Gross Profit Percentage = (Gross Profit ÷…
Q: What is the net increase in operating income from air filters?
A: Step 1: Define Net IncomeNet Income refers to the income generated during a year after deducting…
Q: The wilson electronic produce solution general accounting question
A: Step 1: Definition of Contribution MarginThe contribution margin per unit is the difference between…
Q: On November 21, 2019, a fire at Hen Company's warehouse caused severe damage to its entire inventory…
A: Concept of Beginning Inventory:Beginning inventory refers to the value of a company's inventory at…
Q: I won't to this question answer general Accounting
A: Step 1: Define Absorption and Variable CostingThere are two types of preparing income statements in…
Q: General accounting
A: Step 1: Definition of Asset TurnoverAsset turnover is a financial ratio that measures a company's…
Q: General Account - Total manufacturing costs are $170,000 when 15,000 packages are produced. Of this…
A: To calculate the total production costs when 20,000 packages are produced, we need to determine both…
Q: Kindly help me with accounting questions
A: Step 1: Definitions of Direct Labor Rate VarianceThe direct labor rate variance measures the…
Q: Subject is general account
A: Step 1:The variable costing income statement divides the total cost into variable cost and fixed…
Q: Need help with this question solution general accounting
A: To calculate the breakeven point in units of Alpha, we'll follow these steps:1. Relationships…
Q: You made a sale for $175,000. The customer paid in cash. Your gross margin is 48%. What is your cost…
A: Concept of Sales Revenue:Sales Revenue is the total amount of money generated from selling goods or…
General accounting
Step by step
Solved in 2 steps
- What was the variable cost per dog associated with zarena's water bill?Louis Petit, a manager of Doggone Gorgeous, Inc., was reviewing the water bills of a dog daycare and spa. He determined that its highest and lowest bills of $3,800and $2,000 were incurred in the months of May and November, respectively. If 600 dogs were washed in May and 100 dogs were washed in November, what was the fixed cost associated with the company's water bill? (Round any intermediate calculations to the nearest cent and your final answer to the nearest dollar.) A.$ 2 comma 000 $2,000 B.$ 1 comma 800 $1,800 C.$ 1 comma 640 $1,640 D.$ 3 comma 800None
- Need answer the accounting questionCan answer the question?Kings park water works user water meters that measure water usage in ccf. They charge $0.22 per ccf water. If Bella’s previous water meter reading was 34,412 and her present water reading is 36,209, what was her water bill for the server period
- Radien runs her own hot dog stand on the U of A campus. The monthly cost of the cart rental and business permit is $1,100. Raiden spends $2.50 on each hot dog sold, including bun and condiments. She sells each hot dog for $5.00. 1. What is the contribution margin per unit? 2. What is the contribution margin ratio? 3. Predict operating income for a month in which Raiden sells 1,300 hot dogsTracy is unsure how much to charge for the cupcakes. When she was making the cupcakes by herself and only rented a small storefront that was only open on weekends, she calculated the cost per cupcake based on the cost of ingredients and she added 50% to that cost to cover all of her other expenses. She is not sure if that was accurate. Tracy has asked you to help her determine the cost per cupcake. She has given you her estimated total for each expense. She does not know how to allocate her overhead costs. She also knows that some of her costs are product costs and some are period costs. She has given you a list of costs and needs you to, first, determine which costs are period costs and which costs are product costs and, secondly, determine which are direct materials, direct labor, and factory overhead. She believes that the best cost driver for the factory overhead costs to be the number of cupcakes baked and sold. Your assignment is to calculate the cost per cupcake and…Can you please solve this accounting question ?
- The variable cost was 5.40Tim Urban, owner/manager of Urban's Motor Court in Key West, is considering outsourcing the daily room cleanup for his motel to Duffy's Maid Service. Tim rents an average of 50 rooms for each of 365 nights (365 × 50 equals the total rooms rented for the year). Tim's cost to clean a room is $12.50. The Duffy's Maid Service quote is $18.50 per room plus a fixed cost of $25,000 for sundry items such as uniforms with the motel's name.Tim's annual fixed cost for space, equipment, and supplies is $60,000. Based on the given information related to costs for each of the options, the crossover point for Tim =_________ room nights (round your response to the nearest whole number).Tim Urban, owner/manager of Urban's Motor Court in Key West, is considering outsourcing the daily room cleanup for his motel to Duffy's Maid Service. Tim rents an average of 50 rooms for each of 365 nights (365 x 50 equals the total rooms rented for the year). Tim's cost to clean a room is $13.00. The Duffy's Maid Service quote is $18.00 per room plus a fixed cost of $26,000 for sundry items such as uniforms with the motel's name. Tim's annual fixed cost for space, equipment, and supplies is $61,000. Based on the given information related to costs for each of the options, the crossover point for Tim = ☐ room nights (round your response to the nearest whole number).