Parron company sets price equal to cost plus 60 recently

Assignment Help Accounting Basics
Reference no: EM13600959

Parron Company sets price equal to cost plus 60%. Recently, Parron charged a customer a price of $42 for an item. What was the cost of the item to Parron?

Reference no: EM13600959

Questions Cloud

Township inc has 10000 shares of 5 100 par value : township inc. has 10000 shares of 5 100 par value noncumulative preferred stock and 100000 shares of 1 par value common
Lbrary inc has 2500 shares of 4 50 par value cumulative : library inc. has 2500 shares of 4 50 par value cumulative preferred stock and 50000 shares of 1 par value common stock
Brorsen inc has just designed a new product with a target : brorsen inc. has just designed a new product with a target cost of 64. brorsen requires new product to have a profit of
It cost a contractor 9765 to manufacture their first unit : it cost a contractor 9765 to manufacture their first unit. the company expects to experience an 88 unit learning curve.
Parron company sets price equal to cost plus 60 recently : parron company sets price equal to cost plus 60. recently parron charged a customer a price of 42 for an item. what was
Marion inc has 5000 shares of 5 100 par value noncumulative : marion inc. has 5000 shares of 5 100 par value noncumulative preferred stock and 20000 shares of 1 par value common
Assuming that specialized molding equipment time is the : assuming that specialized molding equipment time is the only constrained resource and that ebp can sell as many tubs
Stein company makes carpets a customer wants to place a : stein company makes carpets. a customer wants to place a special order for 1000 carpets in navy blue with the company
Klaus toys just paid its annual dividend of 140 the : klaus toys just paid its annual dividend of 1.40. the required return is 16 percent and the dividend growth rate is 2

Reviews

Write a Review

Accounting Basics Questions & Answers

  At the beginning of the year a firm leased equipment on a

at the beginning of the year a firm leased equipment on a capital lease capitalizing 60000 in both its lease liability

  Record the activities using the t accounts

Using the T accounts shown below, record the following activities. Materials issued to the factory were $228,000 (total); indirect materials were $16,600.

  On january 1 2013 jws corporation issued 627000 of 9 bonds

on january 1 2013 jws corporation issued 627000 of 9 bonds due in 10 years. the bonds were issued for 587931 and pay

  Determine the amount of net income for november

Determine the amount of net income for november, assuming that the owner made no additional investment or withdrawals during the month.

  Income tax journal entry for fairfax company

Fairfax Company had a balance in Deferred Tax Liability of $840 on December 31, 2014, resulting from depreciation timing differences. Make the income tax journal entry for the Fairfax Company for December 31, 2014.

  Prepare journal entries for each transaction

On December 31, 2011, an account receivable for $240 from a prior year was determined to be uncollectible and was written off.

  Accountant in a medium-sized manufacturing company

You are an accountant in a medium-sized manufacturing company. You have been asked to mentor an accounting clerk who is new to your accounting department.

  Write down a c program to implement the concept of class

write a c program to implement the concept of class inheritance using different types of bank accounts as a model. in

  Prepare a contribution margin format income statement

prepare a contribution margin format income statement answer what-if questions shown here is an income statement in the

  Mcool corporation wholesales repair products to equipment

mccool corporation wholesales repair products to equipment manufacturers. on april 1 2012 mccool corporation issued

  Explain how a strategic understanding of client business

Vial-tek has an existing loan in the amount of $3.5 million with an annual interest rate of 9.5%. The company provides an internal company-prepared financial statement to the bank under the loan agreement.

  The manufacturer of a product that has a variable cost of

the manufacturer of a product that has a variable cost of 2.50 perunit and total fixed cost of 125000 wants to

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!

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