Answer:
Option A,$72000
Explanation:
Bad debt expense is computed on the net credit sales amount, in other words, the bad debt expense is 12% of credit sales of $600,000.
Bad debt expense=$600,000*12%
=$72000
Option C is wrong because the answer was arrived at by calculating 12% of $750,000 the net sales amount that also has cash sales of $150,000 included in it($750000-$600000)
Option B is wrong as the amount of sales returns and allowances of $50,000 was deducted from $600,000 prior to applying 12% allowance for bad debt
Answer:
= $120,500.00
Explanation:
<em>Flexible budget </em><em>is that which is that which recognizes the cost behavior and is used for control purpose. It is prepared based on the actual level of activity achieved.</em>
Kindly note that the $59,000 depreciation is a fixed cost which do not vary with the hours of production.
The flexible budget for the department will be
<em>Direct Labour budget</em> = ( 51000/3400) × 4,100
= $61,500.00
<em>Equipment depreciation</em>= $59,000
Total flexible budget = $61,500.00 + $59,000
= $120,500.00
In the first half of the nineteenth century, the steamboat, canal, railroad and telegraph were presented. This made transportation a great deal less expensive and quicker for organizations. It additionally connected agriculturists to national markets. The railroad gave employments to such huge numbers of Americans, despite the fact that many were foreigners. Telegraph made it conceivable to impart cross country, in any event quicker than mail would. It was for the most part utilized for organizations. Each of the four of these innovations twisted America out of its monetary past by making exchange/business speedier, less expensive, and more productive.
Answer a
The stakeholder in this situation arer as follows =>
1. Scott
2. Managemnet of a Company
3. The Financial Community.
Answer b
Ethical Issues are ;
Loyalty of Scott towards Company and its management.
He should excercise due vigilence while making projections for sales.
Answer c
Possible Actions are
1. Ignore the matter
2. Inform then Boss or Management.
3. Inform the boss and follow the standard procedure
I would have told the management of the error I made if I were in his place, showing my integrity and loyalty to the company without realizing that my integrity might jeopardize my promotion. But being ethical and trustworthy will also benefit me in the long run.
<span>The scenario in which a firm encourages mothers (customers) to share their feedback on the samples on a company blog created for this purpose is an example of </span><span>amplified word of mouth.
</span>Word-of-mouth advertising is important for every business, as each happy customer can steer dozens of new ones your way.
