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Shalnov [3]
3 years ago
10

Production and sales estimates for march for the robin co. are as follows: estimated inventory (units), march 1 18,000 desired i

nventory (unit), march 31 21,600 expected sales volume (units): area m 7,000 area l 8,000 area o 9,000 unit sales price $15 the number of units expected to be manufactured in march is select one:
a. 24,000

b. 27,000

c. 27,600

d. 21,600
Business
2 answers:
zmey [24]3 years ago
3 0
The correct answer is a
ziro4ka [17]3 years ago
3 0

Answer:

C) 27,600

Explanation:

Robin Co.'s initial inventory = 18,000 units

they plan to sell a total of 7,000 units + 8,000 units + 9,000 units = 24,000 units

they also plan to have 21,600 units as final inventory

therefore Robin Co. should produce = 24,000 units + 21,600 units - 18,000 units = 27,600 units

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You are considering buying one of two types of health insurance, both with the same premium. You guess that in the next year the
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5 0
1 year ago
Mar. 17 Received $275 from Shawn McNeely and wrote off the remainder owed of $1,000 as uncollectible.
kogti [31]

Answer: Please see the required journals below:

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Credit Accounts receivable $1,000

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Debit Cash $1,000

Credit Bad debt recovery (income statement) $1,000

Explanation: On March 17, when $275 was received from Shawn and the remaining balance of $1,000 was written off, the allowance for doubtful accounts has to be debited since the company adopts the allowance method of accounting for uncollectible receivables. Note that the allowance account would have the required buffer to take care of this debit. Similarly, when the recovery was made, cash would be debited then the credit would default to income statement.

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