Xmax = -44545.45 / -363.63 = 122.50
^ are there any options or you have to type in the answer?
A is the answer to this question
Answer:
b. can be calculated by modifying the break-even equation.
Explanation:
As the name implies, target profit can be explained to be the certain amount a business enterprise or a business organisation targets to hit at the end of its sales or at the end of her business dealings.
It can be easily seen in a cash flow planning as it is once modified to approximate cash flow, and also used for revealing expected results to investors and lenders. In all that it is been used for, in the scenario above, it also can be calculated by modifying the break-even equation, and deriving more conservative budgeting packages in business development too.
Adjust the contribution margin per unit and units sold based on an expected sales promotion.
Alter the fixed cost total and the contribution margin per unit for the effects of outsourcing production.
Alter the contribution margin for the effects of changing to a just-in-time production system.
If there is continually a large unfavorable variance between the target and actual profit, it may be necessary to examine the system used to derive the target profit,
The simplest thing to do is to categorise your customers by their industries and send specified emails to a cluster of customers from each industry.
Answer:
The journal entries are as follows:
(i) (a) Under allowance for doubtful account method:
Allowance for doubtful accounts A/c Dr. $13,300
To accounts receivable $13,300
(To record the bad debts written off)
(b) Under direct write off method:
Bad debt expenses A/c Dr. $13,300
To accounts receivable $13,300
(To record the Bad debts written off)
(ii) Bad debts expenses A/c Dr. $15,300
To Allowance for doubtful accounts $15,300
(To record the bad debt expense)
