Answer: $10,700
Explanation:
The Uncollectible Account Expense is the Accounting Adjustment made when a Receivable defaults on their debt and it can be calculated using the following formula,
= Uncollectible Amount written off + Closing Balance - Opening Balance.
Now the balances are as follows,
Opening Balance for Year 2 = 4,500
Closing Balance for Year 2 = 6,800
Uncollectible Amount written off during Year 2 = 8,400
Calculating therefore,
= 6,800 + 8,400 - 4,500
= $10,700
Allegheny will report $10,700 as Uncollectible Accounts Expense for Year 2.
Answer:
The correct answer is C.
Explanation:
Giving the following information:
$15,000 for factory managers
$18,000 for financial managers
$42,000 for company executives.
$98,000 for factory workers
$64,000 for office workers.
To calculate the labor cost we need to separate between indirect and direct labor:
Indirect labor:
Factory managers (manufactury overhead)= 15,000
Direct labor:
Factory workers= 98,000
Total labor cost= $113,000
Answer:
Option (C) is correct.
Explanation:
Given that,
Data for December 2017,
WIP, beginning inventory 12/1/2017 = 22,500 units
Started during December = 76,700 units
Units Completed and transferred out 12/31/2017 = 72,300
Ending inventory 12/31/2017 = 18,400 units
Therefore,
Number of total spoiled units:
= (Beginning inventory + Started during December) - (Units Completed and transferred out + Ending inventory)
= (22,500 + 76,700) - (72,300 + 18,400)
= 99,200 - 90,700
= 8,500 units
Answer: Index numbers are used to measure changes in the value of money. A study of the rise or fall in the value of money is essential for determining the direction of production and employment to facilitate future payments and to know changes in the real income of different groups of people at different places and times.
Explanation:
Answer: Secret need.
Explanation:
A secret need is a Consumer need that is very personal to the consumer, they are needs that only the consumer is aware of, but needs them to be met. An example of a secret need could be need for health treatment.
