Answer:
The estimated balance uncollectible using the balance sheet method is $4,727.
Explanation:
In the balance sheet method, the Estimated balance uncollectible is calculated using the percentage of the closing accounts receivables. As account receivables are reported in the balance sheet of the company.
In the income statement method, the Estimated balance uncollectible is calculated using the percentage of sales value because the sale is reported in the income statement.
Estimated balance uncollectible = Accounts receivable x estimation percentage
Estimation percentage = 2.9%
Accounts receivable = $163,000
Placing values in the formula
Estimated balance uncollectible = $163,000 x 2.9%
Estimated balance uncollectible = $4,727
Answer:
2,697 scissors per batch
Explanation:
Q = √[2KD / h(1 - x)]
- K = setup cost = $100
- D = annual demand = 8,000
- h = annual holding cost = $0.30
- x = annual demand / annual production rate = 8,000 / (150 x 200) = 0.267
Q = √{(2 x $100 x $8,000) / [$0.30 x (1 - 0.267)]} = √($1,600,000 / 0.22) = 2,696.8 ≈ 2,697 scissors per batch
Answer:
Each firm produces a quantity of 50 in long run equilibrium.
Explanation:
If a perfectly competitive industry of many identical firms has a long-run average total cost of LATC = 800 – 10Q + 0.1Q² and long-run marginal cost of LMC = 800 – 20Q + 0.3Q², for long run equilibrium to occur, LATC must be equal to LMC i.e LATC = LMC.
Equating both cost equation to get quantity Q each firm produces gives;
800 – 10Q + 0.1Q² = 800 – 20Q + 0.3Q²
Bringing all the terms to one side of the equation, we will have;
800-800-10Q+20Q+0.10Q²-0.3Q² = 0
10Q-0.2Q² = 0
Factorizing out Q, the equation becomes;
Q(10-0.2Q) = 0
From the resulting equation;
10-0.2Q = 0
10 = 0.2Q
Q= 10/0.2
Q = 50
This shows that each firm produces a quantity of 50 in long run equilibrium.
Answer:
B) Accurately following the specified treatment plan designated for your client's observed ethnic group.
Answer:
The teacher taught under a tree because there were no school buildings.
Explanation: Plato
