FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Finn does side work as a chef. For his most recent event, he spent six hours cooking and prepping at $50/hour. His clients provided all

Finn does side work as a chef. For his most recent event, he spent six hours cooking and prepping at $50/hour. His clients provided all the raw foods and materials shown below from a list he sent them: Steaks $325 Vegetables $64 Foil pans $8 Potatoes $19 Seasonings $14.


What is Finn's cost of goods sold (COGS) for this event?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

To calculate Finns cost of goods sold COGS for this event we need to consider the cost ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Law Text And Cases Legal Ethical Global And Corporate Environment

Business Law Text And Cases Legal Ethical Global And Corporate Environment

Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Frank B. Cross

12th Edition

0538470828, 978-0538470827

More Books

Students also viewed these Accounting questions

Question

★★★★★
7) The second financial statement to prepare is the statement of retained eamings. To determine the ending balance of retained earnings you need to start with the opening balance as reported in the...

Answered: 1 week ago

Question

★★★★★
List three specific parts of the Case Guide, Objectives and Strategy Section (See below) that you had the most difficulty understanding. Describe your current understanding of these parts. Provide...

Answered: 1 week ago

Question

★★★★★
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-6. On December 12, Irene purchased the building where her store is located. She paid...

Answered: 1 week ago

Question

★★★★★
Identify an accurate sentence about parenting in the United States. a. Fathers of toddlers play more roughly with daughters than with sons. b. During the first year, fathers treat boys and girls as...

Answered: 1 week ago

Question

★★★★★
Recall that Var(aX + b) = a2Var(X) and Var(X1 + X2) = Var(X1) + Var(X1) if the random variables X1 and X2 are independent. Use these results to show that Var(a1X1 + ... + anXn + b) = a12Var(X1) + ......

Answered: 1 week ago

Question

★★★★★
What are the implications of managing demand through queuing in service operations?

Answered: 1 week ago

Question

★★★★★
4. Identify and explain the parenting style the Wilsons appear to practice.

Answered: 1 week ago

Question

★★★★★
Copenhaver wrote a will in ink, which was found with her other papers in her bedroom at her death. Pencil lines had been drawn through every provision of the will and the signature. There was no...

Answered: 1 week ago

Question

★★★★★
Dairy Farm You are the product manager for Schaefer Dairy farm, a local organic farm that produces dairy products. Each month you must run an inventory report to identify and discard expired products...

Answered: 1 week ago

Question

★★★★★
The yearly demand for a seasonal, profitable item follows the distribution below: A manufacturer is considering launching a project to produce this item and could produce it by one of three methods:...

Answered: 1 week ago

Question

★★★★★
true or false In Plachmida, in Southern India, there have been protests against the Coke company which has been draining the local water supply

Answered: 1 week ago

Question

★★★★★
Olney LLC only purchased one asset this year. Olney LLC placed in service on July 19, 2023, machinery and equipment (seven-year property) with a basis of $1,330,000. Assume that Olney has sufficient...

Answered: 1 week ago

Question

★★★★★
A marketing company needs to decide how much time to allocate between radio and television advertising during the next month. The manager has determined that at least 80% of the time should be...

Answered: 1 week ago

Question

★★★★★
Melany is a behavior technician that is teaching their client how to identify various household items. If the supervising Board Certified Behavior Analyst (BCBA) wants to measure that the program is...

Answered: 1 week ago

Question

★★★★★
Economic research has identified a trend exhibited by one in six Britons of hiding cash in their homes instead of investing it. This is termed the "Biscuit Tin Economy." It is estimated that $3.5...

Answered: 1 week ago

Question

★★★★★
How does Purchasing bring value to a organization? When thinking about the sort ( reject nothing to need), set in order ( tidy up), shine ( keep workplace up ) , standardize ( make neatness a rule),...

Answered: 1 week ago

Question

★★★★★
The account balances for the non-cash current assets and current liabilities of Kid-game Software Inc. are as follows: Accounts receivable Inventory Prepaid expenses Totals Accounts payable Salaries...

Answered: 1 week ago

Question

★★★★★
A summary of changes in Pen Corporation's Investment in Sam account from January 1, 2011, to December 31, 2013, follows (in thousands): ADDITIONAL INFORMATION 1. Pen acquired its 80 percent interest...

Answered: 1 week ago

Question

★★★★★
Go to this texts Web site at academic. cengage.com/blaw/clarkson and select Chapter 20. Click on Video Questions and view the video titled Sales and Lease Contracts: Price as a Term. Then answer the...

Answered: 1 week ago

Question

★★★★★
The city of New London (hereinafter City) sits at the junction of the Thames River and the Long Island Sound in southeastern Connecticut. Decades of economic decline led a state agency in 1990 to...

Answered: 1 week ago

Question

★★★★★
Peggy Hamilton was a major shareholder in Carbon Processing and Reclamation (CPR), LLC. After a dispute, she sold her interest in the company and signed a confidentiality agreement not to divulge...

Answered: 1 week ago

Question

★★★★★
7. How does testosterone infl uence emotional and cognitive responses to a facial expression of anger?

Answered: 1 week ago

Question

★★★★★
10. What change in diet can alter the production of serotonin?

Answered: 1 week ago

Question

★★★★★
9. Given that monkeys with low serotonin turnover pick many fi ghts and in most cases die young, what keeps natural selection from eliminating the genes for low serotonin turnover?

Answered: 1 week ago

Previous Question Next Question