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Alinara [238K]
3 years ago
13

A company sold garden hoses at a reduced price of ​$7.54 and took an​ end-of-season markdown of ​$11.45. What was the original s

elling price of each​ hose? Use the formula Upper M equals Upper S minus Upper N​, where M is the​ markdown, S is the original selling​ price, and N is the reduced price
Business
1 answer:
Vitek1552 [10]3 years ago
3 0

Answer:

The original selling price would be $ 18.99

Explanation:

Given formula is,

M = S - N

Where,

M = markdown,

S = original selling price,

N = reduced price

Here,

M = $ 11.45, N = $ 7.54,

By substituting the values,

11.45 = S - 7.54

⇒ S = 11.45 + 7.54 = 18.99

Hence, the original selling price of the house is $ 18.99

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Sora is the best group note taker; she meets are the criteria.
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a company produces a single product. variable production costs are $14.00 per unit and variable selling and administrative expen
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The value of the ending inventory under variable costing is calculated to be $19,600.

To determine the value of the ending inventory under variable costing we first find out the units in the ending inventory as follows;

Units in ending inventory = Units in beginning inventory + Produced units − Sold units

Units in ending inventory = 0 + 6000 - 4600

Units in ending inventory = 1400

Now the value of the ending inventory under variable costing can be determined by multiplying units in the ending inventory by the variable  production cost as follows;

Value of Ending inventory = Unit in ending inventory × Variable production cost

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Hence, the value of the ending inventory would be $19,600 under variable costing.

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5 0
1 year ago
Suppose Hyperpolis’s GDP increases by 15% and its inflation rate is 12%, while Superpolis’s GDP increases by 6% and its inflatio
strojnjashka [21]

Answer: c) Both economies grew at the same rate

Explanation:

The faster growing economy would be the one that saw a greater increase in Real GDP than the other.

Real GDP growth = Nominal GDP growth - Inflation growth.

Hyperpolis Real GDP growth = 15% - 12%

Hyperpolis Real GDP growth = 3%

Superpolis Real GDP growth = 6% - 3%

Superpolis Real GDP growth = 3%

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7 0
3 years ago
Speedy Package is California's largest express transportation company. In addition to the largest fleet of all-cargo aircraft in
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Answer:

Date    General Journal                         Debit       Credit

            Cash                                         $15,400

            Accumulated Depreciation    $39,600

                    Equipment - Delivery truck              $55,000

           (Assuming the truck was sold for $15,400 cash)

            Cash                                         $16,500

            Accumulated Depreciation     $39,600

                     Gain on sale                                      $1,100

                     Equipment - Delivery truck              $55,000

            (Assuming the truck was sold for $16,500 cash)

            Cash                                          $12,700

            Accumulated Depreciation      $39,600

            Loss on sale                              $2,700

                      Equipment - Delivery truck               $55,000

             (Assuming the truck was sold for $12,700 cash)

4 0
2 years ago
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Answer:

on average medicare tax is 1.45 % tax and social security is 6.25 % so simply multiply by those numbers their net income and go from there

Explanation:

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3 years ago
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