Answer:
b. $14,200
Explanation:
The computation of the bad debt expense is shown below:
= Balance in the Allowance for Doubtful Accounts - wrote off accounts + written off - estimated amount
= $20,000 - $14,400 + $4,200 - $24,000
= $14,200
The computation of the estimated amount is calculated below:
= Ending balance of accounts receivable × uncollectible percentage
= $480,000 × 5%
= $24,000
Answer:
(a) $24 per unit; $136,000
(b) $544,000
Explanation:
(a) Computation of variable cost per unit and the total fixed cost
Let Y1 = $424,000 and Y2 = $640,000,
X1 = 12,000 and X2 = 21,000
variable cost per unit (b) = (Y2 - Y1) ÷ (X2 - X1
)
= ($640,000 - $424,000) ÷ (21,000 - 12,000)
= $24 per unit
Total fixed cost:
Y2 - bX2 = Y1 - bX1
640000 - 24 × 21000 = 424000 - 24 × 12000
$136,000 = $136,000
(b) Computation of total cost for 17000 units of production
Total cost = [variable cost per unit × units produced ] + total fixed cost
= [24 × 17000] + 136000
= $544,000.
Answer In English: Vietnam's economy is operating according to ...
A clue that the currency is counterfeit would be if the bill had no change in the color of the bill's ink.
Answer:
<em>Explained below.</em>
Explanation:
As Kelvin has built his studio in a place, <em>where other studios at that place pay their employees higher wages. So he also have to pay higher wages to his employees.</em> The consultant's suggestion is right that location is one of the factor for increment of the employees wages.
So Kelvin should shift his television studio to a place where other studios at that place pay their employees less wages.