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:
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Answer:
c
Step-by-step explanation:
there are 8 parts and 4 of them are red= 4/8
which simplifies to 1/2
Answer:
0.275
Step-by-step explanation:
We want to write 11 out of 40 batters as a decimal.
We can write 11 out of 40 as a fraction to get:
![\frac{11}{40}](https://tex.z-dn.net/?f=%20%5Cfrac%7B11%7D%7B40%7D%20)
Note that:
![\frac{11}{40} = \frac{1}{4} \times \frac{11}{10}](https://tex.z-dn.net/?f=%20%5Cfrac%7B11%7D%7B40%7D%20%20%3D%20%20%5Cfrac%7B1%7D%7B4%7D%20%20%5Ctimes%20%20%5Cfrac%7B11%7D%7B10%7D%20)
This implies that:
![\frac{11}{40} = 0.25 \times 1.1](https://tex.z-dn.net/?f=%20%5Cfrac%7B11%7D%7B40%7D%20%20%3D%200.25%20%20%5Ctimes%201.1)
This gives us
![\frac{11}{40 } = 0.275](https://tex.z-dn.net/?f=%20%5Cfrac%7B11%7D%7B40%20%7D%20%20%3D%200.275)
<span>Cost 1 pack = x
3x + 10 = 5x
2x = 10
x = 5
1 pack cost $5
Hope this helped</span>