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Likurg_2 [28]
3 years ago
12

______ costs are administrative costs related to determining an order quantity, preparing purchase invoices, inspecting goods re

ceived for quality and quantity, and moving goods for temporary storage.
Business
1 answer:
Rus_ich [418]3 years ago
4 0

Answer: Ordering

Explanation:

Ordering cost tends to look at the cost required to order a particular item, from the initiation of the process till it's being inspected on it's arrival till it's moved to the store room. The first aspect is making enquires for the item, this us followed by bidding for the item, purchasing it, inspection and delivering to it's temporary location.

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3. What are the similarities and differences between balancing a city budget and balancing a personal budget?
qaws [65]
<span>Similarities of balancing a city budget and balancing a personal budget is that you are both budgeting it and planning for certain expenses that you need to pay.
Differences between balancing a city budget and balancing a personal budget is that city budget is quite big amount while personal budget is just small. City budget involves many people.</span>
8 0
3 years ago
Which is not among the current strategies used to prevent lead poisoning?
Artist 52 [7]
The answer to this question is labels<span> on lead-based paint
Labels on lead-based paint does not contribute tpreventingnt lead poisoning as much as advocating to not using such product
Rather than using lead-based paint, people could opt to use safer products such as titanium-white based paint, which is proven to be less toxic.

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4 0
3 years ago
Proposals L and K each cost $600,000, have 6-year lives, and have expected total cash inflows of $720,000. Proposal L is expecte
bulgar [2K]

Answer:

Year 4 50,000

Explanation:

4 0
3 years ago
Allegheny Company ended Year 1 with balances in Accounts Receivable and Allowance for Doubtful Accounts of $68,000 and $3450, re
prohojiy [21]

Answer:

  • What amount will Allegheny report as bad debts Expense on its Year 2 income statement?

Dr Bad Debt Expense $ 8,250

Cr Allowance for Uncollectible Accounts $ 8,250

Explanation:

  • Balances in Accounts Receivable and Allowance for Doubtful Accounts of:

Dr Accounts receivable $ 68,000

Cr Allowance for Uncollectible Accounts $ 3,450

 

  • Allegheny write off $6300 of Uncollectible Accounts.  

Dr Allowance for Uncollectible Accounts $ 6,300

Cr Accounts receivable $ 6,300

 

  • Allegheny estimates that the ending Allowance for Doubtful Accounts balance should be $5,400  

Dr Bad Debt Expense $ 8,250

Cr Allowance for Uncollectible Accounts $ 8,250

Because the company already has a DEBIT balance ($2,850) in the Allowance for Doubtful Accounts  

it's necessary to register an entry that COMPENSATE ($8,250) the existing value and reflect the value estimated as bad debts ($5,400 = $8,250-$2,850).  

If the company applies the allowance method, it means that the account Allowance for Uncollectible Accounts must show as balance the % of estimated value.

Bad accounts are those credits granted by the company and there is no possibility of being charged.

"When customers buy products on credits but the company cannot collect the debt, then it's necessary to cancel the unpaid invoice as uncollectible."

One way is to directly cancel bad debts at the time it was decided that the credit is bad, the total amount reported as bad debt expenses negatively affect the income statement and the accounts receivable are reduced by the same amount, less assets .

The other way is to determine a percentage of the total amount of accounts receivable as bad debts, there are many ways to analyze accounts receivable and calculate the value of bad debts.

When the company has the percentage of uncollectible accounts, the required journal entry is Bad Expenses (debit) with Reserve for Bad Accounts (credit)

At the time of cancellation, since the expenses were recognized before, we only use the Allowance for Uncollectible Accounts (Debit)  with accounts receivable (credit), with this we are recognizing the bad credit of the company.

8 0
3 years ago
Discuss Two social factors that may contribute to unemployment in South Africa amongst the youth?​
elena55 [62]

Some of the social factors that have led to unemployment in South Africa amongst the youth are:

  • High population growth.
  • High poverty rates.

As a result of high population growth, the number of youth in South Africa  has increased to a point where getting jobs for all of them is quite difficult.

High poverty rates also mean that a lot of the youth are unable to afford a tertiary education which means that they are unable to get the qualifications needed for a job.

Find out more on factors leading to unemployment at brainly.com/question/305041.

6 0
2 years ago
Read 2 more answers
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