Answer:
$119.97
Explanation:
Given,
The weekend daily rate for the rental cost = $39.99
Total number of days = Friday morning, Saturday, and Sunday = 3 days
The rental cost for renting Cleoca's car for the weekend = Number of weekend days × the weekend daily rate for the rental cost
The rental cost = $39.99 × 3 days
The rental cost = $119.97
Therefore, her rental cost for renting the car is $119.97 for the weekend.
Answer:
910 days
Explanation:
Calculation to determine the Minimum Restocking Level needed to cover expected demand over time without stocking out
Using this formula
Minimum Restocking Level= (Average daily demand × Reorder period)+ (Average daily demand × Lead time)
Let plug in the formula
Minimum Restocking Level= (70 days × 10 days) + (70 days × 3 days)
Minimum Restocking Level=700 days + 210 days
Minimum Restocking Level= 910 days
Therefore the Minimum Restocking Level needed to cover expected demand over time without stocking out is 910 days
<span>Sporting Goods - CM 30% x 65% = 19.5%
Sports Gear - CM 50% x 35% = 17.5%
Total Fields Corp - Weighted Avg CM = 37%
FC 2,220,000 / Avg CM 37% = 6,000,000 Break Even sales
Sporting Goods Sales @ 65% = 3,900,000 x 30% = 1,170,000 CM
Sports Gear Sales @ 35% = 2,100,000 x 50% = 1,050,000 CM
Total Sales 6,000,000. Total CM 2,220,000 Total FC 2,220,000</span>
Answer:
debit Sales $15,000; debit Purchases Returns and Allowances $200 and credit Income Summary for $15,200
Explanation:
Based on the information given the CLOSING ENTRY that RB Auto would make at the end of the accounting period to close their revenue accounts and income statement accounts with credit balances are:
Debit Sales $15,000
Debit Purchases Returns and Allowances $200 Credit Income Summary for $15,200
($15,000+$200)
(To close revenue accounts and income statement accounts)