User Account

All Pages

Determine the vendor profit for that day

Assignment Help Managerial Accounting
Reference no: EM133137058

Question - A vendor prepares 100.00 hotdogs every day and sells at $20.00/piece. For each hot dog, he spends $12.00 in the raw material. Additionally he spends $1.00 for packing each hotdog and monthly $50.00, $20.00, $10.00 as food truck rent, electricity and other expenses respectively. Lost sale are taken as $1 per unhappy customer. Leftover hotdogs can be sold for $5.00/piece. On a particular day in June it rained heavily so the vendor was able to sell only 80.00 hot dogs. Determine the vendor's profit for that day? Assume there are 30 days in the month.

Reference no: EM133137058

Questions Cloud

What is job analysis : 1. What is job analysis? 2. What is job description? 3. How important is it?
Identify the key risks and illustrate the risk assessment : Identify the key risks and illustrate the risk assessment on the storage of insulation materials using the concept of impact and likelihood approach
Important aspect of job design : 1. Why is employee motivation an important aspect of job design?
Long-term productivity of the unit : "I don't need my employees to waste any more time on training," said the production supervisor. "I need them on the production line running their machines." The
Determine the vendor profit for that day : On a particular day in June it rained heavily so the vendor was able to sell only 80.00 hot dogs. Determine the vendor's profit for that day
What are the E and M codes : What are the E & M codes for the following scenarios? All codes will be from the Evaluation and Management section of the CPT codebook. Look up terms as needed
What is the daily fixed costs expense : There was a party at a nearby office so the demand for pizza went up to 223.00 slices. What is the daily fixed costs expense
What role do you feel hr analytics : 1. The Hammonds article was written more than a decade ago. How relevant do you think that article still is today about HR? In your experience, how much has (an
What should marco, inc. use as the denominator : Marco, Inc. determined the following information concerning its common stock during 2020: What should Marco, Inc. use as the denominator

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd