Answer:
The balance of uncollectible accounts after the adjustment will be $15,000
Explanation:
On December 31, the balance of the accounts receivable is $300,000 and on same data it is suggested that the 5% of the account receivable will be not be collected.
So, the balance of the uncollectible accounts will be computed as:
Uncollectible accounts = Account receivable balance × % which will not collected
where
Account receivable balance is $300,000
% which will not be collected is 5%
Putting the values above:
= $300,000 × 5%
= $15,000
NOTE: The allowance for uncollectible accounts of $1,000, already credited, so will not be considered again.
There must be at least two lines on any plane because a plane is defined by 3 non-collinear points.
Answer:
B. operational decision
Explanation:
Scheduling personnel is an example of an operations management: operational decision
Answer:
0.0075 rugs per dollar
Explanation:
(b)
Total labor cost:
= 520 hours × $15 per hour
= $7,800
Total solvent cost:
= 100 gallons × $5 per gallon
= $500
Total machine rental cost:
= 22 days × $75 per day
= $1,650
Multi-factor productivity:
= Number of rugs ÷ (Total labor cost + Total solvent cost + Total machine rental cost)
= 75 ÷ ($7,800 + $500 + $1,650)
= 75 ÷ $9,950
= 0.0075 rugs per dollar
The term by which individuals and businesses choose between the different use of available resources is called <u>allocating </u>and it is due to the concept of <u>scarcity</u>.
<h3>
What is Scarcity?</h3>
According to economics, Scarcity signifies that the demand for a product or service exceeds the supply of that product or service.
It is the underlying truth of existence that there is only a finite number of human and nonhuman resources for each economic product.
Therefore, Individuals and business corporations must choose between several uses for the available resources they have from the idea of <u>allocating </u>resources and due to the concept of <u>scarcity.</u>
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Learn more about scarcity here:
brainly.com/question/1088553
