Plants galre operates a commercial plant nursery


Plants galre operates a commercial plant nursery where it propagates plants for garden centers throughout the region. Plants Galore has $5.25 million in assets. Its yearly fixed costs are $668,500, and the variable costs for the potting soil, container, labeling and seeding and labor for each gallon-sized plant total $1.20. Plants Galore's volume is currently 490000 units. Competitiors offer the same quality plants to garden centers for $3.70 each. Garden centers then mark them up to sell to wrftg4the public for $8 to $10, depending on the type of plant

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Accounting Basics: Plants galre operates a commercial plant nursery
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