Answer:
$24,000
Explanation:
Since in the question it is given that the 3% of credit sales is considered to be a bad debt expense
where,
Credit sales is $800,000
And, the estimated percentage is 3%
So by considering this above information, the amount debited to bad debt expense is
= $800,000 × 3%
= $24,000
All the other information i.e to be given is not relevant. Hence, ignored it
Answer:
$895.22
Explanation:
We use the present value formula to determine the current bond price i.e shown in the attachment below:
Given that,
Future value = $1,000
Rate of interest = 10.5%
NPER = 8 years
PMT = $1,000 × 8.5% = $85
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the current bond price is $895.22
Answer:
Fixed manufacturing cost allocated to inventory= $9,000
Explanation:
Giving the following information:
Units in beginning inventory 0
Units produced 280
Units sold 240
Units in ending inventory 40
Fixed manufacturing overhead $63,000
<u>The absorption costing method includes all costs related to production, both fixed and variable. </u>
First, we need to calculate the unitary fixed manufacturing cost:
unitary fixed manufacturing cost= 63,000/280= $225
Fixed manufacturing cost allocated to inventory= 40*225=$9,000
Yes, its true, the malcolm baldrige national quality award considers a company's business results but iso 9000:2000 registration does not.
The Malcolm Baldrige National Quality Award is the highest level of national recognition for performance excellence that a U.S. organization can receive. Customer outcomes.
The Malcolm Baldrige National Quality Award was established by Congress to push improved quality of products and services in U.S. companies and organizations.
The Malcolm Baldrige National Quality Award (MBNQA) is a reward established by the U.S. Congress in 1987 to boost awareness of quality management and recognize U.S. companies that have implemented successful quality management systems. The award is the nation's highest presidential honor for performance excellence.
GBMC Greater Baltimore center – 2020 Baldrige Award Winner. GBMC Greater Baltimore middle won the Baldrige Award in 2020. GBMC HealthCare System provides inpatient and outpatient care through its hospital and GBMC Health Partners.
The first version of the factors was published in 1988. The primary time for the Core Values was 1991. They were initially "Key Concepts". The title was changed to "Core Values and Concepts" in 1992 which remains the official title today.
learn more about Malcolm Baldrige: brainly.com/question/13979121
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