Answer:
$64,000
Explanation:
product cost data market data lower of cost or market
ipod 24,000 20,400 20,400
cell phone 18,000 19,000 18,000
DVDs 28,000 25,600 25,600
ending inventory = 20,400 + 18,000 + 25,600
= $64,000
Therefore, The value of the ending inventory is $64,000
Dividend is when a company distributes its earnings to shareholders or investors, making it the right answer.
Answer:
Net Accounts Receivable $363300
When the allowance for uncollectibles is maintained the allowance for uncollectibles method is used in which allowance for uncollectibles is deducted from the accounts receivables.
Explanation:
If the method of allowance for uncollectibles is used the amount of allowance for uncollectibles is deducted from the accounts receivables.
Bonita Industries
Accounts Receivable $397000
Less Allowance For Uncollectible $33700
Net Accounts Receivable $363300
IF the direct write off method is used the bad debts are directly deducted from the accounts receivable.
Bonita Industries
Accounts Receivable $397000
Less Uncollectibles $33300
Net Accounts Receivable $363700
Answer:
The correct answer is C. 3240 units.
Explanation:
The calculation of Equivalent units of production for the year is given below.
Add
Begining inventory = 60% * 200 = 120 units
completed in this period
Units put in process = 3200 units
Less
Un-complete closing = 20% * 400 = (80 units)
stock
Equivalent units = 3240
Answer:
In that case, Prior to executing the purchaser's requirements about the earnest deposit and incentive distribution, the brokers must get written authorization from the seller.
If the purchaser wants the commitment money to generate interest. On provide interests to the buyer's earnest money, the broker must first obtain approval from the seller. Other alternatives are wrong since the broker does not enable you to make your own decisions.