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natta225 [31]
3 years ago
6

Streaming media uses only small amounts of data true or false

Business
1 answer:
Bogdan [553]3 years ago
7 0
<span>Streaming media uses incredible amounts of data, since each pixel shown on the screen is a single piece of 'data', and the higher the resolution the greater amounts of data required. The answer is false.</span>
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During 2012, Robby's Camera Shop had sales revenue of $170,000, of which $75,000 was on credit. At the start of 2012, Accounts R
klio [65]

Answer:

1) December 31, 2012, bad debt write off

Dr Bad debt expense 1,700

    Cr Accounts receivable 1,700

December 31, 2012

Dr Bad debt expense 1,125

    Cr Allowance for doubtful accounts 1,125

2) Bad debt expense must be recorded in the income statement and it reduces net income. Both transactions reduce net accounts receivable on the balance sheet.

3) It doesn't seem to be appropriate because just one bad account (J. Doe) was higher than 1.5%. A large % of accounts receivable is still outstanding (= $27,275 / $75,000 = 36.4%) and they should include approximately four months of credit sales. This means that unless the company issues a very long credit, a much larger percent is past due.

Explanation:

net accounts receivable January 1, 2012 = $15,100

credit sales 2012 = $75,000

collections on accounts receivable $60,000

net accounts receivable December 31 = $15,100 + $75,000 - $60,000 - $1,700 - $1,125 = $27,275

8 0
3 years ago
Handerson Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Direc
natali 33 [55]

Answer:

Direct material quantity variance= $10,980 unfavorable

Explanation:

Giving the following information:

Standard Price or Rate Direct materials 8.5 kilos $ 6.00 per kilo

The company reported the following results concerning this product in August. Actual output 3,200 units Raw materials used in production 29,030 kilos Purchases of raw materials 31,600 kilos. Actual cost of raw materials purchases $ 195,920

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Standard quantity= 8.5*3,200= 27,200 kg

Actual quantity= 29,030kg

Standard price= $6

Direct material quantity variance= (27,200 - 29,030)*6= $10,980 unfavorable

5 0
3 years ago
On November 1 of year 0, Jaxon borrowed $38,000 from Bucksnort Savings and Loan for use in his business. In December, Jaxon paid
andreev551 [17]

Answer:

$570

Explanation:

The computation of the interest deduction is shown below:

= Interest paid × number of months ÷ (total number of months in a year)

= $3,420  × 2 months ÷ 12 months

= $570

The interest which is deducted in year 0 under the cash method of accounting is $570

And, the two months is calculated from the November 1 to December 31

We simply apply the interest paid formula.

4 0
3 years ago
Normal profit is the return to the entrepreneur when economic profits are zero. determined by subtracting implicit costs from to
diamong [38]

Normal profit is the return to the entrepreneur when the entire economic profits are equal to zero. Hence, the correct statement is Option A.

<h3>When the business earns normal profits?</h3>

A commercial enterprise may be in a state of normal profit while its economic income is equal to 0, that is why normal profit is also called “zero economic profit.” Normal profit takes place on the factor wherein all sources are being successfully used and could not be put to better use elsewhere.

Hence, Normal profit is the return to the entrepreneur when the entire economic profits are equal to zero. The correct statement is Option A.

learn more about Normal profit:

brainly.com/question/13800389

#SPJ1

5 0
2 years ago
Markley Manufacturing calculated its predetermined overhead rate to be 120% of direct labor cost. During June, the company incur
Nana76 [90]

Answer:

Applied Manufacturing Overheads are $102,000

Overapplied Manufacturing overheads are $18,000

Explanation:

Under or over applied manufacturing overhead can be determined by comparing the actual and applied manufacturing overheads.

Applied overheads can be calculated by multiplying pre-determined overhead rate and actual level of quantity. Predetermined overhead rate is calculated using estimated overhead and estimated activity on which overheads are applied.

In this question the predetermined overhead rate is 120% of direct labor cost.

Applied overhead = Direct labor cost x 120% = $85,000 x 120% = $102,000

Actual overheads incurred = $84,000

Overapplied Manufacturing overheads = $102,000 - $84,000 = $18,000

3 0
3 years ago
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