Answer:
See explanation section
Explanation:
To record the journal entry to write off the uncollectible account according to the direct write-off method, we have to use bad dad expanse instead of an allowance account.
December 31 Bad Debt Expense Debit $1,200
Account receivable - Acme, Inc. Credit $1,200
Note: As the company did not get the money from the Acme, Inc., They treated the expense as irrecoverable.
Answer:
evaporation
Explanation:
In a climatological sense, dryness is a function of both annual rainfall and evaporation.
Answer:
the overhead amount assigned to product 3 is $165,000
Explanation:
The computation of the overhead amount assigned to product 3 is shown below:
= Actual manufacturing labor cost for product 3 × estimated manufacturing overhead cost ÷ direct labor cost
= $194,000 × $330,000 ÷ $388,000
= $165,000
Hence, the overhead amount assigned to product 3 is $165,000