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Karolina [17]
2 years ago
10

Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $45,000. If the

balance of the Allowance for Doubtful Accounts is a $6,000 credit before adjustment, what is the amount of bad debt expense for that period
Business
1 answer:
Liula [17]2 years ago
4 0

Answer:

$39,000

Explanation:

Estimated uncollectible account is $45,000

The balance of allowance for doubtful account is $6,000 credit before the adjustment

Therefore the amount of bad debt expense for that period can be calculated as follows

= $45,000-$6,000

= $39,000

Hence the amount of bad debt expense for that period is $39,000

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Assuming no direct factory overhead costs (i.e., inventory carry costs) and $3 million dollars in combined promotion and sales b
lyudmila [28]

Answer:

b. $22.75

Explanation:

We know that

Contribution margin per unit= Sales price per unit - variable cost per unit

Since the selling price is $35

And, the contribution margin is 35%

Therefore, the contribution margin per unit would be

= $35 × 35 per cent

= $12.25

Now add these figures in the formula above.

Hence, the value would be equal to

= $35 - $12.25

= $22.75

The inventory and labor costs are included in the variable cost

7 0
3 years ago
Current disposable income held to buy consumption goods in the future is referred to as:______.
maxonik [38]

The current disposable income held to buy consumption goods in the future is referred to as saving.

Consumables are goods that are best suited for their end use. In other words, the end-user of consumer goods is the consumer themselves, and capital goods are the goods used to manufacture consumer goods.

Common examples include food, drink, clothing, shoes, and gasoline. Consumer services are usually intangible products or actions that are produced and consumed simultaneously.

Learn more about   consumption goods here

brainly.com/question/18849286

#SPJ4

3 0
2 years ago
Maria, the vice president of sales for an international organization, believes that employees in her foreign offices understand
wolverine [178]

Answer: (B) Polycentric

Explanation:

  A polycentric manager is refers to the approach or the method in the global marketing that basically helps the organization for spread about their products and the services among the different countries.

The main objective of the polycentric approach that it helps in managing the different types of operations and services in the business.

According to the given question, maria is the vice president in an organization for the international sales process and she handle all the practices held in their office. Therefore, Maria is refers as a polycentric manger.

5 0
2 years ago
Rylan Corporation received an offer from an exporter for 25,000 units of product at $16 per unit. The acceptance of the offer wi
hammer [34]

Answer: a.$275,000

Explanation:

Let us assume local production sales of 0 for simplicity of analysis.

At 0 there will be no Variable Costs and no fixed costs because they are dependant on the amount of units produced.

If then Rylan Corporation receives 25,000 units at $16 per unit this will change the Variable costs as it will have to incorporate the new units.

The question however says that normal production continues. This means that Fixed costs do not change. That means fixed costs remain at $0.

That means the only change will be the Variable costs of selling 25,000 units.

At a rate of $11 per unit we then have,

= 11 * 25,000

= $275,000

The costs have increased by $275,000 from 0 which means that $275,000 is the Incremental cost.

Note that Fixed and Variable costs of 0 are improbable and we're only used for simpler analysis. Feel free to try the question with other number of units for your own practice. You will arrive at the same answer regardless.

8 0
2 years ago
Cullumber Company received proceeds of $1176000 on 10-year, 6% bonds issued on January 1, 2019. The bonds had a face value of $1
Alik [6]

Answer:

$74,880

Explanation:

The computation of the amount of interest Cullumber must pay the bondholders is shown below:

= Face value of the bond × interest rate

where,

Face value of the bond is $1,248,000

And the interest rate is 6%

So, the amount of interest paid is

= $1,248,000 × 6%

= $74,880

We simply multiplied the face value of the bond with the interest rate so that the amount of interest expense could come

6 0
2 years ago
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