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Among the choice above the one that is the reason for the growth of federal government spending is letter A which is
<span>Less demand for services</span>
Answer:
The price she should charge for the bundle in order to maximize profit is 9
Explanation:
Solution
The total pistachios sold = 7 * 2 =14
The total almonds sold is = 4*1 = 4
So,
The total of both pistachios and almonds = 14 + 4 + 18
Thus,
we solve for getting average of the two which is:
Getting the average of the two in the bundle = 18/2
=9
Therefore p =9
Answer:
Given that,
Accounts receivable = $435,000
Debit Allowance for Doubtful Accounts = 1,250
Credit Net Sales = 2,100,000
Ending account receivable to be uncollectible = 3.5%
Estimated bad debts:
= Accounts Receivable × 3.5% + Debit balance in Allowance for Doubtful Accounts
= (435,000 × 3.5%) + 1,250
= $16,475
Therefore, the journal entry is as follows:
Bad debts expense A/c Dr. $16,475
To Allowance for Doubtful Accounts $16,475
Answer:
COGS= $7,950
Explanation:
Giving the following information:
Beginning inventory 10 units at $120
First purchase 15 units at $150
Second purchase 30 units at $180
Third purchase 20 units at $195
Helen Tools has 25 hammers on hand at the end of the year.
<u>Under the FIFO method of inventory cost, the cost of goods sold is calculated using the purchasing price of the first units incorporated.</u>
We need to calculate the number of units sold:
Units sold= total units - ending inventory
Units sold= 75 - 25= 50 units
COGS= 10*120 + 15*150 + 25*180= $7,950
The economic system is a primary element that influences how human beings vote