Using the gross profit method, find the estimated ending inventory using the following data:

January 1 inventory: 320 serving trays purchased at $1.50 per unit cost

April 1 inventory: 300 serving trays purchased at $1.10 per unit cost

July 1 inventory: 100 serving trays purchased at $2.00 per unit cost

The net sales value of serving trays is $998 and the gross profit on sales is 20%

A. $211.60
B. $330.40
C. $1010.50
D. $485.50​

Answers

Answer 1

Answer:

$211.60

Step-by-step explanation:

1. Calculate goods available for sale. Beginning inv. + Net purchases.

BI (320 * $1.50) + Net Purchases (300 * $1.10) + (100 * $2.00)

$480.00 +$530.00 = $1,010.00

2. Find Estimated Cost of Goods Sold.

ECGS = $998.00(1 * 0.20) = $998.00 - $199.60) = $798.40

3. Calculate the estimate of ending inventory by subtracting ECGS from Goods available for sale.

$1,010.00 - $798.40 = $211.60

I'll take a brainliest please.


Related Questions

Please find a... I will mark you brainliest

Answers

Given, consecutive / adjacent angles in a parallelogram are supplementary or make 180°. So, here (5a + 34)° & (3a + 26)° are supplementary angles.

=》5a + 34 + 3a + 26 = 180

=》5a + 3a + 34 + 26 = 180

=》8a + 60 = 180

=》8a = 120

=》a = 120/8

=》 a = 15

______

The picture is not clear, so I hope the values I took are correct.

꧁✿ ᴿᴬᴵᴺᴮᴼᵂˢᴬᴸᵀ2222 ✬꧂

I need some help on this please

Answers

Answer:

1a

2d

3b

4c

Step-by-step explanation:

this is correct I promise u lol

A. p(x) = (2x - 1)^3(x - 2)^2
B. p(x) = (2x - 1)^2(x - 2)^2
C. p(x) = (2x - 1)^3(x - 2)^3
D. p(x) = (2x - 1)^2(x - 2)^3

Answers

Answer:

THE ANSWER IS

C. p(x) = (2x - 1)^3(x - 2)^3

Step-by-step explanation:

PLEASE FOLLOW

AND MAKE IT BRAINLIEST...

question 3.. will give brainliest

Answers

Answer:

-0.5

Step-by-step explanation:

Answer:

-0.50

Step-by-step explanation:

4.75  + (-5.25)

Using a number line you can show the sum of points 4.75 and -5.25 is -0.50

1) Starting at 4.75 draw an arrow 5.25 units in the negative direction, arriving at -0.5.

Find the slope of the line that passes through the points (4,1) and (-2.7).
What is the slope of a line perpendicular to this line?

Answers

Answer:

the slope=-1 the slope perp=1

Step-by-step explanation:

to find slope perpendicular you just have to multiply your slope by something and have it equal -1

for example

1/2x=-1

the slope perpendicular to a line with the slope of 1/2 would be -2 beacause 1/2x-2=-1

so the slope x perpendicular slope = -1

Which of the following is not necessarily true?

Answers

Answer:

c

Step-by-step explanation:

C





Typing here to fill the 20 character cap

David made an error when determining the product of (–2.5)(–8.3).

Step 1: (–2.5)(–8.3) = (–8.3)(–2.5)
Step 2: = (–8.3)(–2) + (–8.3)(–0.5)
Step 3: = (–16.6) + (–4.15)
Step 4: = –20.75

In which step did David make his first error?

Answers

Answer:

step 3

Step-by-step explanation:

when you multiply an even amount of negative numbers you will always get a positive result thus the answe would be 16.6 + 4.15 as in positive numbers

$30.50 for 32 ounces of specialty cooking oil

Answers

Answer: So each ounce of specialty oil cost about 0.95

Step-by-step explanation:

plz help area is 54in

Answers

Answer:

equation: a/.5b=h

h=9

Step-by-step explanation:

a=1/2bh

divide both sides by 1/2b to get h alone

a/.5b=h

a/.5b=h

54/0.5(12)=h

54/6=h

9=h

13x−6=
\,\,9x+14
9x+14

Answers

Step-by-step explanation:

13x_6=9x+14

13x_9x=14+6

5x=20

x=20÷5

x=4

In circle S with the measure of arc RT= 62°, find mRST.

Answers

Answer: think its 41

Step-by-step explanation:

Cesar bought 20 boxes pizza. He gave 14 boxes of pizza to his classmates. Write the percentage of pizza left.​

Answers

Answer:

30%

Step-by-step explanation:

total boxes of pizza = 20

he gave away 14 boxes

so pizza left is 20 - 14 = 6 boxes

to calculate percentage = 6 / 20 * 100

= 6 * 5

= 30%

What is the median 115

Answers

Answer:

The median is the middle number in the sequence

Step-by-step explanation:

-4(y - 2) = 12
-
y = ?

Answers

Answer:

(-1)

Step-by-step explanation:

-4(y - 2) = 12

y = ?

Answer :

-4(y - 2) = 12

(-4 . y) - (-4 . 2) = 12

-4y - (-8) = 12

-4y + 8 = 12

-4y = 12 - 8

-4y = 4

y = -4/4

y = (-1)

>> Answer

________

[tex] \: [/tex]

-4(y - 2) = 12

-4y + 8 = 12

-4y = 12 - 8

-4y = 4

y = -1

10^2= ?
If you like Rollercoaster vids pls subscribe to SR Vlogs (Rollercoasters) on yt ❤️❤️

Answers

Answer:

100

Step-by-step explanation:

Ok I will sub!

Find an equation of the line parallel to y= 1/3x +1 and that passes through the point (3,5)

Answers

So in order to find the line you’ll have to submit the point (3,5) and the slope into the point slope formula : y-y1= m(x-x1)

Y-5= 1/3(x-3)

Solve(turn to y intercept form):

Y-5= 1/3x -1



The length of the rectangular garden is 4 meters longer than the width. If the garden area is 60 square
meters, then the length of the garden is equal to ____ meters
Help me please

Answers

Step-by-step explanation:

Let x be the Width, and x+4 be the Length of the rectangle ; =>

Area = x*(x+4) = 60 ; =>

x^2 +4x - 60 = 0 ; Now solve the Quadratic equation using factoring to find x;

MARK ME BRAINLIEST!!

2. Simplify the expression –4(x – 7) + 3(x + 9). show your work

Answers

Answer: -4x + 28 + 3x + 27 = 55 + -x

Step-by-step explanation: -4 x (x) = -4x  -4 x -7 = 28

3 x (x) = 3x 9 x 3 = 27 added together = -x + 55

Two shops, Lidal and Oldi, sell the same brand of toilet rolls but with different package sizes.
Calculate the price per roll for each shop.
Write which shop is the best value for money in the comment box.

Answers

Step-by-step explanation:

Lidal : 9 rolls for £3.51

1 roll for 3.51/9 = £0.39

Oldi : 4 rolls for £1.52

1 roll for 1.52/4 = £0.38

so, Oldi has the best value for money when buying toilet rolls.

Which sign makes thelsentence true? 6_6/1
=
<

Answers

Answer: =

Step-by-step explanation:

6/1 is equal to 6, which 6 is equal to 6.

6 ? 6/1

6 = 6

Find all solutions:
3(x – 4)^2+ 27 = 0
=

Answers

Answer:

No solution

Step-by-step explanation:

Answer:

x=7;x=1

the equation has no solution

Help meeeee!!!! Please

Answers

k=0: (60)(3x)6−0(−4y)0=6!(6−0)!0!(3x)6−0(−4y)0=729x6

k=1: (61)(3x)6−1(−4y)1=6!(6−1)!1!(3x)6−1(−4y)1=−5832x5y

k=2: (62)(3x)6−2(−4y)2=6!(6−2)!2!(3x)6−2(−4y)2=19440x4y2

k=3: (63)(3x)6−3(−4y)3=6!(6−3)!3!(3x)6−3(−4y)3=−34560x3y3

k=4: (64)(3x)6−4(−4y)4=6!(6−4)!4!(3x)6−4(−4y)4=34560x2y4

k=5: (65)(3x)6−5(−4y)5=6!(6−5)!5!(3x)6−5(−4y)5=−18432xy5

k=6: (66)(3x)6−6(−4y)6=6!(6−6)!6!(3x)6−6(−4y)6=4096y6

Thus, (3x−4y)6=729x6−5832x5y+19440x4y2−34560x3y3+34560x2y4−18432xy5+4096y6.

ANSWER  

(3x−4y)6=729x6−5832x5y+19440x4y2−34560x3y3+34560x2y4−18432xy5+4096y6A

PLZ HELP!!! WILL GIVE BRAINLIEST!!! State whether each conditional is true or false. Write the contra positive for the conditional and state whether the contrapositive is true or false.

1. If you ride a roller coaster, then you will experience sudden drops.
2. If you only have $15, then you can buy a meal that costs $15.65.

Answers

Step-by-step explanation:

TrueFalseHope it is helpful

Answer: question 1   If you are going over the top of a hill or rollercoaster quickly, you could feel your stomach drop or stomach sink. In actuality, it's probably the sensation of all your internal organs shifting slightly in your ribcage as your body defies gravity for a few seconds.

Step-by-step explanation: i do not know the 2 question im sorry mabye question 1 may help if not thaks ok bye :)

A. (6,2), B. (2,6), C. (3, 1), D. (1, 3)

Answers

Answer:  B.  (2,6)

=======================================================

Explanation:

The two lines cross at this location. This (x,y) point is located on both lines at the same time. A point on a line satisfies that said equation.

----------

An algebraic way to confirm the answer is to apply substitution to the first equation like so:

y = x+4

6 = 2+4

6 = 6

Repeat for the second equation

y = -0.5x+7

6 = -0.5*2+7

6 = -1+7

6 = 6

We end up with true equations for both cases, so this algebraically confirms (2,6) is the solution to the given system.

Which situation is an example of an observational study?

Answers

Answer:

D- Recording the reaction time of participants in a study who were asked to press a button as soon as they see a certain picture on a screen.

Step-by-step explanation:

The situation is an example of an observational study is "Recording the reaction time of participants in a study who were asked to press a button as soon as they see a certain picture on a screen:.

What is an observational study?

When researchers monitor the effect of a risk factor, diagnostic test, therapy, or other intervention without attempting to influence who is or is not exposed to it in observational studies.

For example: Consider someone standing on a popular street in a New York neighborhood asking passers-by how many dogs they have, then analyzing the data to see if more pet food businesses are needed in the area.

As we know that in an observational study, the sample whose test/survey is been taken is completely random.

Therefore, the situation that is an example of an observational study is " Having customers fill out a questionnaire about their favorite brand of toothpaste".

Learn more about Observational Study here:

brainly.com/question/5001950.

#SPJ7

Henry collects rainwater for his garden. His tank.
begins with 30 gallons of water. Over 5 days, the
tank collects 12 more gallons of water from the
rain. Then in 1 day, he uses 18 gallons to water
his garden. Then over 4 days, 7 gallons
evaporate. Then over 3 days, the tank collects
11 more gallons from the rain.

Answers

The answer is 28

30+12-18-7+11= 28

a lottery winner had to pay 30% of his winnings in taxes. how much did he win if he paid $75,000 in taxes?

Answers

you would have $22500

w(-3,3), x(6,4), y(6,-4) z(8,-6) determine weather wx and yz are paralell, perpindicular, or neither. PLEASE PLEEASE HELP ME

Answers

Answer:

Neither.

Step-by-step explanation:

    Parallel lines have equivalent slopes while perpendicular lines have opposite reciprocal slopes. (Opposite meaning different signs and reciprocal meaning flipped fraction)

Ex: 3/4 → -4/3

[tex]wx:~m=\frac{4-3}{6-(-3)}\\wx:~m=\frac{1}{9}\\\\yz:~m=\frac{-6-(-4)}{8-6}\\yz:~m=\frac{-2}{2}\\yz:~m=-1[/tex]

These lines are neither parallel nor perpendicular.

Can someone please help me solve this…

Answers

Answer:

C = 4s + 6a

C = 4(3) + 6(2)

C = 12 + 12

C = 24

a. 4s + 6a = c

(c being total cost)

b. 4(3) + 6(2) = 12 + 12 = $24.00

Hope this helps!

Please help me ill mark u as brilliant

Answers

Answer:

see explanation

Step-by-step explanation:

Given

cotθ = [tex]\frac{4}{5}[/tex] = [tex]\frac{adjacent}{opposite}[/tex]

Use Pythagoras' identity to calculate the hypotenuse h

h² = 4² + 5² = 16 + 25 = 41 ( take square root of both sides )

h = [tex]\sqrt{41}[/tex]

θ is in quadrant III where sinθ < 0 and secθ < 0

sinθ = [tex]\frac{opposite}{hypotenuse}[/tex] = - [tex]\frac{5}{\sqrt{41} }[/tex] = -  [tex]\frac{5\sqrt{41} }{41}[/tex]

cosθ = [tex]\frac{adjacent}{hypotenuse}[/tex] = - [tex]\frac{4}{\sqrt{41} }[/tex]

secθ = [tex]\frac{1}{cos0}[/tex] = - [tex]\frac{\sqrt{41} }{4}[/tex]

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