Answer:
The amount of uncollectible account expense was recorded for July was $9,500
Explanation:
According to the given data we have the following:
Accounts written off amount=$5,200
Increase in Allowance for Doubtful Accounts=$4,300
Therefore, in order to calculate the amount of uncollectible account expense was recorded for July we would have to make the following calculation:
Uncollectible accounts expense for July= Accounts written off+ Increase in Allowance for Doubtful Accounts
Uncollectible accounts expense for July= $5,200+$4,300
Uncollectible accounts expense for July=$9,500
The amount of uncollectible account expense was recorded for July was $9,500
Answer:
The operating income will be:
Total contribution($2.50 x 29,000) = 72,500
Less: Fixed cost = 31,200
Operating income = 41,300
Explanation:
The contribution per unit is $2.50. This per unit contribution will be multiplied by the number of units produced and sold in order to obtain total contribution. Operating income is the excess of total contribution over fixed cost.
Answer:
B. A local cable company.
Explanation:
Since, Damon often identifies causes of problems with telecommunication equipment. The company that is most likely to be his employer is a local cable company.
Answer:
The correct answer is letter "C": consumerism.
Explanation:
Consumerism is the approach stating that only individuals' demand for goods and services should drive the economy. This idea departures from the belief that an increase in consumption leads to an increase in production, thus, the overall economic growth.
