Answer:
$765,000
Explanation:
The computation of the accounts receivable balance is shown below:
We know that
Days Sales Outstanding = (Accounts receivable ÷ Credit Sales) × Total number of days in a year
46 days = (Account receivable ÷ $6,205,000) × 365 days
So, the account receivable would be
= ($6,205,000 × 45 days) ÷ 365 days
= $765,000
We simply applied the above formula.
ha IvAnHoe
yeah sorry i dont know the answer i just thought it was funny lol
Answer:
A) Increase Decrease
Explanation:
As we know that
Mixed cost is the combination of both fixed cost and the variable cost
Mixed costs are costs in which one component of cost is Fixed and the other component is variable
In equation form,
Mixed cost = Fixed cost + variable cost
In the case of variable cost, the per unit would remain the same and it increased when production increases
But the fixed cost amount would remain the same but if the production rises the per unit declines
Similarly, Fixed costs remain the same in Total and decreases per unit with increase in production
Therefore option A is correct
Answer:
The spending variance for "Employee salaries and wages" for March would have been closest to $1,200F
.
Explanation:
Customers served (q)
Employee salaries and wages ($58,400 + $1,000q)
The spending variance for "Employee salaries and wages" for March would have been closest to
Actual Results Flexible Budget Revenue and Spending Variances
(q) 26 26
($58,400 + $1,000q) $ 83,200 $ 84,400 $1,200F
