Answer:D. Increasing the allowance for sales returns by an amount that is less than the actual returns recognized for the period may indicate either the company is attempting to increase profit for the period or its estimates that less of its products will be returned in the future.
Explanation:Sale returns is a term used in Financial accounting to mean the adjustments made to the sales due to the actual return of a mechandise by a customer who has made purchase of that mechandise previously.
SALES RETURNS ARE USUALLY RECORDED IN THE "SALES RETURN AND ALLOWANCE" RECORDED IN THE INCOME STATEMENT AS A DEDUCTION.
For a successful sales return to be achieved,it must be accompanied with actual product or mechandise return and refund.
Answer:
a. greater than average total cost.
Explanation:
<u><em>Average total cost</em></u> is the cost of a unit output of goods that is being produced. Total Cost is the addition of all the cost of production which include total fixed cost and the total variable cost. Average Total cost is equal to total cost divided by total number of output.
<u><em>Marginal Cost</em></u> This is the change in the opportunity cost when an additional unit is added for production,<em> it is the cost of producing one additional unit of goods.</em>
Therefore, when the average cost of production is increasing, the marginal cost is greater than average cost, and when the average cost is decreasing the marginal cost is less than average cost. Also when the average cost is neither increasing nor decreasing, the marginal cost will be equal to average cost.
Answer: $238,800
Explanation:
Adjusted Cost of Goods for November = Beginning Finished good inventory + Cost of goods manufactured - Ending Finished goods inventory - Overapplied Overheads
Overapplied Overhead = Overhead applied - Actual Overhead
= 60,400 - 56,800
= $3,600
Adjusted Cost of Goods for November = 58,000 + 215,000 - 30,600 - 3,600
= $238,800
Weight data is your answer
When economists refer to "demand," they are speaking of<u> a schedule of amounts of a product that buyers would purchase at alternative prices in a given time period.</u>
