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ELEN [110]
3 years ago
15

Which type of account is an Allowance for Doubtful Accounts?

Business
1 answer:
Mademuasel [1]3 years ago
3 0
A Contra-asset account! Hope this helps. c:
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"Consider the following data: Cost of goods sold $70 Direct labor $20 Direct materials used $15 Cost of goods manufactured $80 W
vovikov84 [41]

Answer:

Schedule of cost of goods manufactured & Sold

Particulars                                   Amount

Direct materials used              $15

Direct labor                                 $20

Factory overhead Applied         <u>$30</u>

(150% of DL Cost)

Total manufacturing costs          $65

Add: Beginning WIP                    <u>$25</u>

Total cost of work in process     $90

Less: Ending WIP                         <u>$10</u>

Cost of goods manufactured    <u>$80</u>

Particulars                                                  Amount

Cost of goods manufactured                       $80

Add: Beginning finished goods inventory   <u>$5</u>

Cost of goods available for sale                 $85

Less: Ending finished goods inventory        <u>$15</u>

Cost of goods sold                                        <u>$70</u>

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3 0
3 years ago
Which of the following are true about productive efficiency? I. All available resources are employed in production. II. Workers
dalvyx [7]

Answer:

III. Points on the PPF curve are the only ones that achieve "productive efficiency"

Explanation:

What is true about productive efficiency is that Points on the PPF curve are the only ones that achieve "productive efficiency".

Productive efficiency is an economic term that is concerned with producing goods and services with the optimal combination of inputs to produce maximum output for the minimum cost.

For it to be said that an economy is productively efficient means the economy must be producing on its production possibility frontier

Hence productive efficiency happens when production is reportedly occurring along a production possibility frontier (PPF).

7 0
3 years ago
_____ data is defined as data that has been previously collected for any purpose other than the one at hand.​ select one:
bekas [8.4K]
The answer is b, Secondary data
7 0
3 years ago
Portions of the financial statements for Alliance Technologies are provided below. Alliance Technologies Income Statement For th
Dmitrij [34]

Answer:

Net cash flow from Operating activities  $       97,000.00

Explanation:

The problem can not be solved on the answer box here, that is why i made use of the microsoft word table in other to understand the solution properly

Download docx
3 0
3 years ago
The fed wants to decrease the money supply when the economy is booming and inflationary pressures ________ in the economy.
aleksandr82 [10.1K]
Hey there.......


the answer is .........
   raises

hope it helps


extra info: The inflation gap is a Negative function of the unemployment gap. Expectations eliminate the effectiveness of the policy.

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When decelerating below long-run trend growth, stimulate it with expansionary policy.
8 0
4 years ago
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