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3 years ago

Two methods of estimating uncollectible receivables are? ________.

1 answer:

4 0

The answer is an aging-of-accounts-receivable method and the percent-of-sales method. More often than not, when a credit alteration is gone into the Allowance account, a relating charge sum is gone into Bad Debts Expense. The maturing technique happens by sorting an organization's records receivable as per the dates of these unpaid solicitations.

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FAS 13 sets forth four criteria for determining whether or not a lease must be classified as a capital lease. How many of these

storchak [24]

Answer:

xszxszxs

Explanation:

xsxzxszxsz

4 0

3 years ago

Â Under Eagle Co.'s job order costing system, manufacturing overhead is applied to Work-in-Process using a predetermined annual

Elina [12.6K]

Answer:

Cost of jobs completed in February=

Direct materials issued to production+

Direct labor costs+

Manufacturing overhead applied

=(96000+113000+119000)

=$328000(B).

5 0

3 years ago

Cups of coffee of milk tea are substitutes. assume both have in elastic demand. Suppose exceptionally good weather increases the

nata0808 [166]

Answer:

In that situation, the demand of the Milk tea will fall.

Explanation:

In businesses subtitles are the type of products that serve a similar purpose but generally less favorable. You use substitutes as a second product when you somehow cannot use the first/main product.

In the example above,

Let's say that Coffee is people's favorite beverages. They like it better than milk tea. But, if they don't have enough money to buy their favorite coffee, they sometimes have to exchange it and settle with milk tea.

When weather increases the harvest of the coffee bean crop, the price of coffee will most likely fall down due to the abundance in resource.

When this happen, there will be lesser people who use the substitute product. in the end, the demand for the milk tea will fall.

8 0

3 years ago

Parul is a manager who is preparing to send a memo to members of her team. What will best help her evaluate the memo before she

Oxana [17]

The Fair test is the best tool to help her evaluate the memo before she sends it.

The term "FAIR" test entails Facts, Access, Impacts and Respect.

The FAIR test will help the user to:

ensure that the communication is fact-based
sender's motives is well channeled
reasoning are granted access
how well respect is shown to the receivers.

In conclusion, the Fair test is the best tool to help her evaluate the memo before she sends it.

Read more about FAIR test

<em>brainly.com/question/6791607</em>

6 0

2 years ago

"Clauss Company transfers out 14,000 units and has 2,000 units of ending work in process that are 25% complete. Materials are en

diamong [38]

Answer:

a. $112,000

b. $7,500

Explanation:

(a) transferred out

Units transferred out are 100% complete for both materials and conversion costs, thus multiply the Total Cost per Equivalent units with the number of units transferred.

Cost of units transferred out = $8 × 14,000 units

= $112,000

(b) in ending work in process

Units of ending work in process are 100% complete in terms of materials ( since materials are entered at the beginning of the process) whilst 25% complete in terms on conversion cost (applied uniformly during production).

Cost of ending work in process

Materials ($3 × 2,000 units) = $6,000

Conversion ($3 × (2,000 units × 25%)) = $1,500

Total Cost = $7,500

6 0

3 years ago