<span>
When production is efficient, ______.
a. mario's can produce more pasta without producing less pizza?
Yes</span>
Answer:
The correct answer is letter "C": Exactly $396.
Explanation:
An Amortization Schedule is a table that shows the amounts of principal and interest that comprise each loan payment. Amortization schedules reveal the true cost of purchasing a home, car or requesting a student loan that is<em> paid with regular, equal installments over a period of time</em>.
Thus, <em>Roxanne should pay $396 monthly for the next 10 years</em>.
Two methods of accounting for uncollectible accounts are the direct write-off method and the allowance method.
<u>Explanation:</u>
Direct written-off method:
Here, the charging of bad debts in expense only when individual invoices are identified as uncollectible.
Allowance method:
Here, an estimate of future value of bad debt is charged in reserve account after a sale is completed.
<em>Difference between direct write-off method and the allowance method:</em>
Accuracy: The accurate amount of the bad debt expense is noted under direct write-off method as specific invoice is being noted, while only approximate value is charged off under allowance method.
Timing: The bad debt expense identification is delayed under direct write-off method, while it is quick under the allowance method.
Receivable line item: It is low under allowance method, since reserve is being evaluated against receivable amount.
Answer:
b.$750 ANSWER
Explanation:
As we know that
The ending inventory under LIFO is
= Total Purchase - Total sales
where,
Total purchase is = 20 units × $20 + 30 units × $25 + 10 units × $30
= $400 + $750 + $300
= $1,450
And, the sales is
= 10 units × $20 + 20 units × $25
= $200 + $500
= $700
So, the ending inventory under the LIFO method is
= $1,450 - $700
= $750
Or we can say, the closing inventory units is
= Total purchase units - total sales units
= 60 units - 30 units
= 30 units
We assume that the sale on Sep 17 is to made from the Sep 17 purchase