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RSB [31]
3 years ago
5

Chewy Candy has a beginning inventory of $1,000 with a retail value of $1,800. June purchases were $3,000, with a retail value o

f $4,700 and retail sales were $4,200. What is the June 30 estimated ending inventory at cost under the retail method?
Business
1 answer:
S_A_V [24]3 years ago
7 0

A. $351

B. $949

C. $4161

D. $1416


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When workers use technology to work from home or an office center, they are _____.
xz_007 [3.2K]

Your answer is <span>telecommuting or B.</span>
6 0
3 years ago
Read 2 more answers
On January 1, 2019, Smith, Inc., has the following balances for accounts receivable and allowance for doubtful accounts: Account
slava [35]

Answer:

1. $372,150

2. $650

Explanation:

1. Smith's preadjustment balance in accounts receivable on December 31, 2019:

= Accounts Receivable on January 1, 2019 + Credit sales - Collected accounts receivable - uncollectible accounts receivable

= $386,000 + $2,895,000 - $2,905,000 - $3,850

= $372,150

2. Smith's preadjustment balance in allowance for doubtful accounts on December 31, 2019:

= Allowance for Doubtful Accounts (a credit balance) on January 1, 2019 - uncollectible accounts receivable

= $4,500 - $3,850

= $650

3. The Journal entry is as follows:

Bad Debt Expense ($3,800 - $650) A/c Dr. $3,150

           To Allowance for Doubtful Accounts           $3,150

(Record adjusting entry for bad debt expense estimate)

5 0
3 years ago
There are four resources and four jobs to be done. Assume there must be one-to-one matching between jobs and resources. The time
choli [55]

Answer:

1 → A ; 2 → C ; 3 → D ; 4 → B

Explanation:

From the given information, the table can be better structured as follows:

                       Job (Hours)

Resource               A                B               C                  D

1                              5                8                7                   7

2                             4                9                5                   9

3                             6                9                8                   7

4                             7                 6                6                   9

From the table, the allocation of resources is based on the minimum number of jobs i.e. time(hours) required to do all four tasks appropriately.

These are 1 → A ; 2 → C ; 3 → D ; 4 → B

Then, the time taken by this process is = (5 + 5 + 7 + 6)

= 23 hours

3 0
2 years ago
If an excise tax is imposed on restaurant meals, a. fewer meals will be produced and sold b. more meals will be produced and sol
solniwko [45]

Answer:

Correct option is (a)

Explanation:

Excise tax is an indirect tax which is not imposed on customers directly. Excise tax is imposed on producers or sellers for goods produced and they in turn transfer the burden of tax on customers in the form of higher prices. That is why, it is called indirect tax.

It is usually imposed on those goods such as liquor and tobacco whose consumption the Government needs to decrease. If excise tax is imposed on restaurant meals, then the restaurant will be able to produce and sell less at the same price it was charging earlier. If the restaurant wishes to sell more, then it will have to charge higher price.

6 0
2 years ago
&lt;1 and &lt;2 are supplementary angles. m&lt;1=113° degrees. find m&lt;2?
elena-s [515]
Supplementary angles equal 180 degrees.

180-113= 67

m<2= 67

I hope this helps!
~cupcake
7 0
3 years ago
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