The event that will happen if he raised his price is If Kyle raises his price he will lose all of his customers. All of the people want to buy product who is low costing because they can save much money and they hate buying things that is so much expensive. The answer to this question is if Kyle raises his price he will lose all of his customers.
Answer:
Bad Debt Expense ($40,000 - $3,200) $36,800
To Allowance for Doubtful Accounts $36,800
(Being the bad debt expense is recorded)
Explanation:
The adjusting entry is shown below:
Bad Debt Expense ($40,000 - $3,200) $36,800
To Allowance for Doubtful Accounts $36,800
(Being the bad debt expense is recorded)
For recording this we debited the bad debt expense as it increased the expenses and credited the allowance for doubtful debts as it decreased the value of the assets
And since there is a credit balance so the same is deducted from the account receivable
Answer:
Location A is superior to up 40 units. From there Location B is better
Explanation:
Giving the following information:
Location A:
Fixed costs of $100,000
Variable costs of $13,000 per unit.
Location B:
Fixed costs of $300,000.
Variable costs of $8,000 per unit.
The finished items sell for $18,000 unit.
Contribution margin Location A= 18000-13000= 5,000
Contribution margin Location B= 18000 - 8000= 10,000
Income formula location A= 5000*Q - 100000
Income formula location B= 10000*Q- 300000
5000*Q - 100000= 10000*Q - 300000
200000= 5000Q
Q= 40 units
Location A is superior to up 40 units. From there Location B is better.
Answer:
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<span>A country would want a trade surplus rather than a trade deficit because trade surplus is better. In order to have a trade surplus, a country must export (sell) more than it imports (buys).</span>
