Answer:
The balance of uncollectible accounts after the adjustment will be $15,000
Explanation:
On December 31, the balance of the accounts receivable is $300,000 and on same data it is suggested that the 5% of the account receivable will be not be collected.
So, the balance of the uncollectible accounts will be computed as:
Uncollectible accounts = Account receivable balance × % which will not collected
where
Account receivable balance is $300,000
% which will not be collected is 5%
Putting the values above:
= $300,000 × 5%
= $15,000
NOTE: The allowance for uncollectible accounts of $1,000, already credited, so will not be considered again.
Answer:
28 January
Dr Allowance for doubtfull debts 4,800
Cr Account Receivables 4,800
(to record write-off of Account Receivables)
30 January
Dr Cash 11,000
Dr Account Receivables 132,000
Cr Sales 143,000
(to record sales revenues)
Dr Cost of Good Sold 79,500
Cr Inventories 79,500
(to record the cost of good sold of $143,000 sales revenue)
31 January
Dr Salary Expenses 52,000
Cr Cash 52,000
(to record the cash payment of salary expenses)
Explanation:
Explanations are given in each entry.
The only thing I can come up with is Stocks and bonds
Total manufacturing costs=direct material+direct labor+manufacturing overhead
Calculate direct labor
Let direct labor be x
120%=1.2
1.2x=180000
Divide both sides by 1.2
X=180,000÷1.2
X=150,000 direct labor
Total manufacturing costs=
120,000+150,000+180,000
=450,000...answer
Hope it helps!
Answer:
A. Centralized
Explanation:
A centralized logistics or distribution typically means that the model and operations are limited to a central location. Centralization of a company allows the company take advantage of cost savings that can arise from volume-creating opportunities.
In the question above, the home office refers to the central location. Deliveries from suppliers are transported to the home office usually in full load quantities rather than to each branch
