Answer:
$88,000
Explanation:
We know that
The operating profit = Revenues - cost
= $2,600,000 - $2,100,000
= $500,000
If there is increase, so the operating profit would be
= Revenues - cost
where
Revenues = $2,600,000 + $260,000
= $2,860,000
Cost = $2,100,000 + $172,000
= $2,272,000
So, operating profit is
= $2,860,000 - $2,272,000
= $588,000
So, the increase in operating profit would be
= $588,000 - $500,000
= $88,000
The answer should be is 100000 i think let me know
Answer:
(a) What was the total of accounts written off during the first 11 months?
bad debts written for the first 11 months = allowance for bad debt accounts January 1 balance + bad debt expense - allowance for bad debt accounts November 30 balance = $13,085 + $21,937 - $9,919 = $25,103
(b) As the result of a comprehensive analysis, it is determined that the December 31, 2010, balance of the Allowance for Bad Debts account should be $9,450. Show the adjustment required in the journal entry format.Allowance for bad debt Debit $Bad debt expenses Credit $
to determine the amount of bad debt expense that must be adjusted, we must subtract the estimated balance in December 31 from the balance in November 30 = $9,919 - $9,450 = $469. Since the November 30 amount is larger, it means that we over estimated our bad debt expense and it must be reduced:
Dr Allowance for doubtful accounts 469
Cr Accounts receivable 469
Answer:
b. $85,000
Explanation:
First, we should prepare the analysis of cost savings if the company buys outside.
Analysis of cost and savings
Purchase (5,000 units × $68) = ($340,000)
Savings
Variable cost = $80,000
Fixed cost = $175,000
Net income effect
($85,000)
The effect is a decrease in net income by $85,000.
Answer:
You should call the place your phone is connected at like metro pcs,at&t,cricket,sprint and report the number
Explanation:They will know what to do