Calculate the costs of goods sold and prime cost

Assignment Help Accounting Basics
Reference no: EM132533634

Question - Calculate the (a) costs of goods sold and (b) prime cost in dollar

Food revenue is $158,135 with 35.20% of cost.

Beverage revenue is $52,436 with 20.25% of cost.

Total payroll cost is $60,866.

Reference no: EM132533634

Questions Cloud

Calculate the cash flow on total assets ratio : A company had net cash flows from operations of $142,000, cash flows from financing of $374,000, Calculate the cash flow on total assets ratio
What are the potential benefits of stem cell research : Discuss what you feel are the potential benefits of stem cell research for Alzheimer's patients and their families. Share your perspective on the stem cell.
Decision regarding furniture and customer dissatisfaction : Colin works for the Tailor Made furniture company. He has been given responsibility for investigating a complaint made a customer who claims that
Express the total cost behaviour in formula form : Brisbane Indoor Sports, Express the total cost behaviour in formula form (Y = a + bx). What is the variable electricity cost per hour of operation?
Calculate the costs of goods sold and prime cost : Beverage revenue is $52,436 with 20.25% of cost. Calculate the (a) costs of goods sold and (b) prime cost in dollar
Blue sky strategy for kbm enterprises : Please provide a gray sky/blue sky strategy for KBM Enterprises. You must use utility industry experience example.
Data analysis can fuel business growth : Can a lack of data analysis prevent growth and/or countermand sustainability efforts? Support your view with relevant theories, models, or research.
Make income statement for the month of june : Financial data,Make income statement for the month of June and a balance sheet in account format for Safety Hire as at 30 June 2019.
What are the benefits of massage : The benefits of massage can be categorized into physical level, mental level and emotional level. Choose one of them and mention at least three benefits.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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