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3 years ago

A reduction in a provision for doubtful debts is recorded by

Business

1 answer:

Amiraneli [1.4K]3 years ago

7 0

Answer:

A business typically estimates the amount of bad debt based on historical experience

Explanation:

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The smart watch is a breakthrough product, which will require significant research and development (r&d) investments. there

Paraphin [41]

10,000 + 10,000 = 2,00,000 / 80 % = 25,0000 totally investment

3 0

3 years ago

At the beginning of 2018, Calston Incorporated reports inventory of $10,000. During 2018, the company purchases additional inven

tresset_1 [31]

Answer:

COGS for 2018 : 119,300

Explanation:

We use the inventory identity to solve for Cost of Goods Sold:

$$$Beginning Inventory + Purchase = Ending Inventory + COGS$

The right side are the input of inventory: it can be from previous prior and purchase from the period. And the left side are the destination, it can be on stock or sold.

We plug our values into the formula and solve for COGS

100,000 + 27,000 = 7,700 + COGS

COGS = 100,000 + 27,000 - 7,700 = 119,300

5 0

3 years ago

Read 2 more answers

Activity-Based Costing for a Service Business Sterling Hotel uses activity-based costing to determine the cost of servicing cust

Tatiana [17]

Answer:

Total allocated cost= $146.4

Explanation:

Giving the following information:

Julie Stone visited the hotel for a 6-night stay.

Julie had 3 meals in the hotel during the visit.

guest check-in= $8.40 per guest check-in

room cleaning= $21.00 per room cleaning

meal service= $4.00 per served meal

<u>To allocate costs based on the activity, we need to use the following formula:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

guest check-in= 8.40*1= 8.4

room cleaning= 21.00*6= 126

meal service= 4.00*3= 12

Total allocated cost= $146.4

3 0

3 years ago

Mention three factors that improve human capital.

7nadin3 [17]

Three ways to improve human capital are
education and training,
monitoring performance,
hiring qualified people.
Successful companies are those that understand the importance of managing and organizing the use of its human capital.

4 0

3 years ago

Creating an endowment Personal Finance Problem On completion of her introductory finance course, Marla Lee was so pleased with

Nana76 [90]

Answer:

Course cost netxt year: 919.8

Perpetuity fund at 6% return: 24,205.27

Perpetuity funds at 8% return: 15,858.63

Explanation:

1 student 300

3 student 900

it grows at 2.2% per year

the return on the fund will be of 6%

The cost of the couse for next year will be:

900 x (1+2.2%) = 900 x 1.022 = 919.8

The perpetuity will be calculate as follow:

$\frac{cost}{return-growth} = Perpetuity$

$\frac{919.8}{0.06-0.022} = Perpetuity$

Perpetuity fund: 24205.26316

Ifthe return is for 8% per year:

$\frac{919.8}{0.08-0.022} = Perpetuity$

Perpetuity funds: 15858.62069

8 0

3 years ago