Jay Inc. Estimates uncollectible accounts using the percentage-of-receivables method and expects that 3.5% of outstanding receivables will be uncollectible for 2016. The balance in Accounts receivable is $243,000. And the Allowance for Doubtful Accounts has a credit balance of $4,300 before adjustment at year-end. The bad Debt Expense for 2016 will be;

During 2017, sheridan company expected job no. 26 to cost $300000 of overhead, $500000 of materials, and $200000 in labor. sheridan applied overhead based on direct labor cost. actual production required an overhead cost of $260000, $510000 in materials used, and $150000 in labor. all of the goods were completed. what amount was transferred to finished goods?

True or false entrepreneurs try to meet the needs of the marketplace by supplying a service or product

If joe to go decides to produce its coffee beans domestically and sell them in india through a local retailer, this would be an example of