Answer:
$72,600
Explanation:
Ending balance of the account receivable can be calculated by adding credit sales in beginning balance and deducting any account receivable written-off.
As we have the ending balance of account receivable, we need to calculate credit sales by following formula:
Account receivable Ending Balance = Account receivable Beginning Balance + Credit Sales - Bad Debt - Ending Balance
$320,000 = $260,000 + Credit Sales - $12,600
$320,000 = $247,400 + Credit Sales
Credit Sales = $320,000 - $247,400 = $72,600
Answer:
B. purchasing more machinery.
Explanation:
Marginal return can be defined as the return rate which a firm or a business experiences when they increase the amount of variable input that is been used in that firm or organisation.
It is important to note that all other input apart from the variable input remains constant.
Examples of variable inputs that a firm or organisation can increase
a. Purchase of more machinery
b. Increasing the amount of labour in the firm.
Answer:
9,650 Units
Explanation:
The total unit transfer were 7,900 then we have to add the total units that are in Work in Process, which are +2.400+10.500-7.900 = 5.000, of that we have an advance of 35% of conversion cost, so we have 1.750 Units , Total Units = 7.900 + 1.750 = 9.650
Conversion
"Units transferred to the next department 7.900
Ending work in process:
Conversion:
Rest Of Units 5.000
Complete to conversion costs End 35% 1.750
Equivalent units of production 9.650
Answer:
D. Leave GDP unchanged
Explanation:
This is because the Husband is now involved in the category of "values of services not paid for". When calculating for GDP, those services aren't included or accounted for.
After marriage, the butler is no longer an employee of the woman and the services he provides for her now as an husband are not recorded as final economic activity thus the GDP decreases initially by $60,000 and then remains unchanged.