Business, 24.12.2019 17:31 justintsmith6415
Valdez company uses the percent of receivables method to estimate uncollectible accounts expense. valdez began 2011 with balances in accounts receivable and allowance for doubtful accounts of $40,750 and $2,950 (credit), respectively. during the year, the company wrote off $2,820 in uncollectible accounts. in preparation for the company's 2011 estimate, valdez prepared the following aging schedule (do not round your intermediate calculations. round your final answer to two decimal places):
Answers: 1
Business, 22.06.2019 16:00
In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.
Answers: 1
Business, 22.06.2019 18:50
)a business incurs the following costs per unit: labor $125/unit, materials $45/unit, and rent $250,000/month. if the firm produces 1,000,000 units a month, calculate the following: a. total variable costs b. total fixed costs c. total costs
Answers: 1
Business, 22.06.2019 23:30
Lucido products markets two computer games: claimjumper and makeover. a contribution format income statement for a recent month for the two games appears below: claimjumper makeover total sales $ 30,000 $ 70,000 $ 100,000 variable expenses 20,000 50,000 70,000 contribution margin $ 10,000 $ 20,000 30,000 fixed expenses 24,000 net operating income $ 6,000 required: 1. compute the overall contribution margin (cm) ratio for the company.. 2. compute the overall break-even point for the company in dollar sales. 3. complete the contribution format income statement at break-even point for the company showing the appropriate levels of sales for the two products. (do not round intermediate calculations.)
Answers: 1
Business, 23.06.2019 11:00
What are the factors that affects on the process of planning
Answers: 3
Valdez company uses the percent of receivables method to estimate uncollectible accounts expense. va...
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