I think the answer would be A
Competition Increased over time
Answer:
b.37,800
Explanation:
The computation of the number of units expected to be manufactured is shown below:-
Number of units expected to be manufactured = Sales + Ending inventory - Beginning inventory
= 35,000 + 20,300 - 17,500
= 37,800 units
Therefore for computing the number of units expected to be manufactured we simply applied the above formula.
Answer:
See explanation section.
Explanation:
December 31, 20Y8 Sales Debit $72,300
Customer Refunds Payable Credit $72,300
Note: Calculation: $12,050,000 × 0.6% = $72,300
(As the customers requested refunds for 0.6% of sales, we have to deduct it from total sales to give refund.)
December 31, 20Y8 Estimated Returns Inventory Debit $53,000
Cost of goods sold Credit $53,000
Note: As the returned products had the cost of sales, we have to give cost of goods sold journal assuming the company used perpetual inventory system.
In recent years, the courts have taken to mean robinson-patman act such that price discrimination is illegal if it decreases rivalry but which also controlled language that could be understood as creating illegal all price discrimination not centered on alterations in cost.