Answer:
$154,000
Explanation:
The computation of the net amount receivable is shown below:
Beginning balance of Accounts Receivable = $150,000
Add: Credit sales made = $600,000
Less: amount collected = $590,000
Less: accounts written off = $4,000
Gross balance in Accounts Receivable =$156,000
Now
Beginning balance in the Allowance for Doubtful Accounts= $6,000
Less: Accounts written off adjusted $4,000
Ending balance = $2,000
So,
Net Accounts Receivable is
= $156,000 - $2,000
= $154,000
The Labor cost = Units Produced * Direct Labor hours per Unit * Direct Labor rate per Hour is <u>$ 1,200,000.</u>
= 15,000 * 4 * $20
= $ 1,200,000
Answer: $ 1,200,000
Production is the process of combining various tangible and intangible inputs (plans, knowledge) to produce things for consumption (outputs). It is the act of creating output, goods, or services that are of value and contribute to an individual's benefit.
An example of production is the manufacture of automobiles. A car is made up of parts. For example, rubber tires are added to a metal body to create a seat before the car leaves the assembly line. “Production is the organized activity of transforming resources into final products in the form of goods and services. The goal of production is to meet the demand for such transformed resources.
Learn more about production here:
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Explanation:
The preference committee members are as follows:
Member 1 prefers a to b and b to c
Member 2 prefers c to a and a to b
Member 3 prefers b to c and c to a
The order of this problem can be solved:
Preference for 1, 2 and 3 are as below:
1. a then b then c
2. c then a then b
3. b then c then
Member 1 knowing advantage , will always disagree with 2 and 3 so that he can win when it comes to vote
So, 2 and 3 in order to win , will have to cooperate with each other.
As we can see that the least suitable option according to Member 2 and Member 3 are b and a respectively. Therefore they would not consider supporting either b or a.
So the possible option of Member 2 and Member 3 supporting will be C.
Therefore both 2 and 3 will agree on C.
The predicted outcome of the game is C.
Answer: Statement A
Explanation: Direct cost are those costs which are variable in nature and can be allocated to the total units of output produced, these are easily traceable. Examples - direct material, direct labor and piece rate wages etc.
Indirect costs are those cost which cannot be allocated to the number of units produced on individual basis unlike direct cost these costs can be either fixed or variable in nature. Examples - rent expenses, administrative expenses.
.
From the above explanation we can conclude that statement A is correct.
Answer:
Health insurance
Explanation:
The other insurances listed are all insurances paid out when you die.
