The inventory of Dollar Dress Shop at cost when the retail method is used is $117, 500.
<h3>How to find the inventory cost?</h3>
When using the Retail method to find the inventory at cost, the Beginning inventory, the purchases, and the net sales are used.
The formula for finding the cost of inventory using the retail method is:
= Beginning inventory + Purchases - Net sales
= $ 87, 500 + $ 325, 000 - $ 295, 000
= $117, 500
The inventory cost of Dollar Dress Shop with the retail method is $ 117, 500.
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Answer:
i would have helped u
Step-by-step explanation:
but i have forgotten the steps in solving this question
So burger king offers 10 chicken nuggets for $1.49
1 chicken nugget = price for 10 chicken nugget / 10 chicken nugget
= $1.49 / 10 = $0.15 per nugget (approximated)
Hope that helps!
Answer:
You showed the right work and got the right answer!
x = 6
Step-by-step explanation:
Since B is in the middle of A and C, AB + BC = AC
So,
2x - 11 + 8 = x + 3
x - 3 = 3
x = 6
We know the total tickets sold = 400.
Let x be the number of adult tickets sold.
That means 400 - x is the number of student tickets.
The revenue from adult tickets will be $3 * x, which we can call 3x.
The revenue from student ticks will be $2 * (400 - x), or 800 - 2x.
The total revenue is $1050, so that means:
3x + (800 - 2x) = 1050.
Removing the parentheses:
3x + 800 - 2x = 1050
Subtracting 800 from both sides:
3x - 2x = 250
Simplifying the left side:
x = 250, which is the number of adult tickets.
400-x = student tickets = 400-250 = 150.
ALWAYS check!
In this case, check the revenue:
3x = 3(250) = 750
2(150) = 300
750 + 300 = 1050. Check!