User Account

All Pages

How much primer will she sell

Assignment Help Accounting Basics
Reference no: EM133123537

Question - Stephanie's paints sells primer and finish paints in the ratio of 2 gallon: 3 gallons (2 primer: 3 finish). Primer has a CM of $10 per gallon and finish has a CM of $15 per gallon. Stephanie also has fixed costs in the amount of $12,000. If Stephanie wants to make $14,000, how much Primer will she sell (she will also be selling finish, but I just want the # gallons of primer)?

Reference no: EM133123537

Questions Cloud

Calculate the amount of service revenue earned at december : ACME Corporation received $1,250 cash in advance from various customer for services starting in November. Calculate amount of service revenue earned at December
What strategies is it using that soften its position : Is there a strategy that the NRA could take to influence the public to agree with its actions and goals - What strategies is it using that soften its position
Review the company income and expenditure : Review the company Income and Expenditure and check if the items or the figures in the Income and Expenditure can be seen in the Bank Statement
How are the payments on the notes treated for tax purposes : Rylie Corporation has current taxable income of $7,000,000. How are the payments on the notes treated for tax purposes
How much primer will she sell : If Stephanie wants to make $14,000, how much Primer will she sell (she will also be selling finish, but I just want the # gallons of primer)
Gather data on current information technology : Analysis and Strategic Planning - satisfy our customers' desires for personal entertainment and information through total customer satisfaction
What might the proposed system include : What are the three common ‘descriptors' that are used in mission statements and Competitive advantage is the ability of the organisation to out perform
Compute the amount of the taxable gift on the transfer : Angelina gave a parcel of realty to Julie valued at $145,000. Compute the amount of the taxable gift on the transfer, if any
What the book value of the machine at the end of year four : The machine's useful life is estimated to be 4 years with a $5,000 salvage value. What the book value of the machine at the end of year 4

Reviews

Write a Review

Accounting Basics Questions & Answers

  Advance collection for magazine subscriptions

Identify the accounting principle(s) applicable to each of the following situations: a. Tim Roberts owns a bar and a rental apartment and operates a consulting service. He has separate financial statements for each. b. An advance collection for mag..

  Will third-party complementary product supplier always need

Why would a business create a complementary product instead of building those complementary features into the existing product? Give an example.

  Compute the unit product costs for the two products

The company's manufacturing overhead costs for the year are expected to be $868,000. Compute the unit product costs for the two products

  Determine the cost per equivalent unit of direct material

Annapolis uses the weighted-average process costing method. Use this information to determine the cost per equivalent unit of direct material

  How do provide journal entry necessary to account

Provide the journal entries necessary to account for transactions and events at the 1 July 2020 and 30 June 2020 and 1 July 2019.

  Compute the per-unit manufacturing cost for job

Compute the per-unit manufacturing cost for Job 9-601. Overhead is applied using a plantwide overhead rate of $10 per direct labor hour.

  What was the balance in the fund at the end of the period

For 37 years, Janet saved $1,150 at the beginning of every month in a fund that earned 5.54% compounded annually. What was the balance in the fund at the end.

  You have 5000 you want to invest for the next 45 years you

you have 5000 you want to invest for the next 45 years. you are offered an investment plan that will pay you 6 percent

  What entry should wildhorse record to recognize loss

Wildhorse is considering establishing a $103,400 self-insurance allowance. What entry, if any, should Wildhorse record to recognize this loss contingency

  What the cost of goods sold is recorded in the column

Northern uses a perpetual inventory system and special journals. The cost of goods sold is recorded in the? ________ column of the sales journal.

  Journalizing various receivable transactions

Journalizing Various Receivable Transactions. The company wants to maintain the Allowance for Doubtful Accounts at 5% of gross accounts receivable

  Determine the over or underapplied overhead

Using the closeout to the COGS method, determine the over or underapplied overhead and show the journal entry to close the manufacturing overhead account

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