Business, 27.03.2020 00:59, zianebonankenotdbev
Bates Company currently produces and sells 4,000 units of a product that has a contribution margin of $5 per unit. The company sells the product for a sales price of $20 per unit. Fixed costs are $20,000. The company has recently invested in new technology and expects the variable cost per unit to fall to $12 per unit. The investment is expected to increase fixed costs by $15,000. After the new investment is made, how many units must be sold to break-even
Answers: 2
Business, 23.06.2019 14:30, jonmorton159
The manda panda company uses the allowance method to account for bad debts. at the beginning of 2018, the allowance account had a credit balance of $92,400. credit sales for 2018 totaled $3,190,000 and the year-end accounts receivable balance was $507,500. during this year, $88,500 in receivables were determined to be uncollectible. manda panda anticipates that 3% of all credit sales will ultimately become uncollectible. the fiscal year ends on december 31. required: 1. does this situation describe a loss contingency? 2. what is the bad debt expense that manda panda should report in its 2018 income statement? 3. prepare the appropriate journal entry to record the contingency. 4. complete the table below to calculate the net realizable value manda panda should report in its 2018 balance sheet?
Answers: 2
Business, 23.06.2019 20:00, donald1255
What would happen in the market for knee replacement surgery if insurance companies started to cover a smaller portion of the cost of the surgery?
Answers: 1
Bates Company currently produces and sells 4,000 units of a product that has a contribution margin o...
Mathematics, 08.09.2021 06:30
Mathematics, 08.09.2021 06:30
Mathematics, 08.09.2021 06:30