Type the correct answer in the box. Spell all words correctly. Nathan calculated his company's economic order quantity and categorized all production costs. One cost was related to the cost of storing milk
in the freezers, and another cost was related to the insurance expenses that covered the company's Inventory. To which cost category would
Nathan assign these costs?

Nathan would assign these costs to the _ section of the economic order quantity

Reynolds corp. factors $400,000 of accounts receivable with mateer finance corporation on a without recourse basis on july 1, 2015. the receivables records are transferred to mateer finance, which will receive the collections. mateer finance assesses a finance charge of 1 ½ percent of the amount of accounts receivable and retains an amount equal to 4% of accounts receivable to cover sales discounts, returns, and allowances. the transaction is to be recorded as a sale. required: a. prepare the journal entry on july 1, 2015, for reynolds corp. to record the sale of receivables without recourse. b. prepare the journal entry on july 1, 2015, for mateer finance corporation to record the purchase of receivables without recourse— think through this. c. explain the difference between sale of receivables with recourse as oppose to without recourse.