Answer:
d.No effect on the expenses of the current period.
Explanation:
In the case when the credit balance of the allowance for doubtful debt more than the bad debt amount i.e. written off
So the entry for writing off against the allowance would result in no effect on the expense for the present period
As the bad debt expense is debited and the allowance for doubtful debt would be credited therefore the option d is correct
The same thing the person above me said:)
In order to ship 107520 units, 107520 units need to be picked as well
In the Picking team, 1 worker picks 210 units in 1 hour
So, the number of units picked by 1 worker in a shift of 8 hours = 210 * 8 = 1680 units
So, the number of employees required to be assigned to the Picking team = Quantity to be picked / Number of units picked by 1 worker in a shift of 8 hours = 107520 / 1680 = 64.03571 = 64
The number of employees to be assigned to picking in order to ship a total of 107,520 units for the shift is 64.
The gadgets for measuring periods are millimeter (mm), centimeter (cm), meter (m), and kilometer (km). The devices for measuring weight are kilogram (kg) and gram (g). The gadgets for measuring extent are milliliter (ml) and liter (L).
While the costs or value of manufacturing of an item is divided by means of the quantity, the end result is called a unit fee. Context: The unit price of a set of homogeneous products is the entire fee of the purchases/sales divided with aid of the sum of the quantities.
Learn more about the unit here:
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Answer:
Part a
Debit : Accounts Receivable $18,000
Debit : Cost of Sales $10,800
Credit : Sales Revenue $18,000
Credit : Inventory $10,800
Part b
Debit : Cash $16,200
Debit : Discount allowed $1,800
Credit : Accounts Receivable $18,000
Part c
Debit : Accounts Receivable $600
Credit : Cash $600
Explanation:
The perpetual method calculates the cost of sales for each transaction made.
See the journals prepared as above
Answer:
166.25 hours
Explanation:
It take 25 hours if the production is going at 100% capacity, but the production is only going at 67%, therefore, 33% of the capacity is under utilized. It takes 8.25 more hours to finish the unit since the capacity is only at 67%. Finally, it takes 25+8.25 hours to finish a single product, hence taking 166.25 hours for 5 units.
We do this like this:
--> 25 ------ 100
--> X ------ 33
--> 33*25 = 100*X
--> 825/100
--> X=8.25
Hope this clears everything. Thankyou.
