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UkoKoshka [18]
2 years ago
14

Flyer Company has provided the following information prior to any year-end bad debt adjustment: Cash sales, $161,000 Credit sale

s, $461,000 Selling and administrative expenses, $121,000 Sales returns and allowances, $41,000 Gross profit, $501,000 Accounts receivable, $215,000 Sales discounts, $25,000 Allowance for doubtful accounts credit balance, $2,300 Flyer prepares an aging of accounts receivable and the result shows that 4% of accounts receivable is estimated to be uncollectible. How much is bad debt expense
Business
1 answer:
laila [671]2 years ago
8 0

Answer:

$4,140

Explanation:

Given the above information, we will compute the bad debt expense as;

Bad debt expense

= (Cash sales × 4% of accounts receivables) - Credit balance in allowance for doubtful accounts

= ($161,000 × 4%) - Credit balance in allowance for doubtful accounts

= $6,440 - $2,300

= $4,140

Therefore, the bad debt expense is $4,140

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Answer:

The answer is: E) None of these.

Explanation:

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The term globalization corporation doesn´t exist. The term corporate globalization refers to very large multinationals that reach all or most of the world´s markets.

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"3B's - Bigger, Better Burger" hamburger fast food restaurants merge with a large potato farm "Potters Potatoes." 3B's is now lo
Makovka662 [10]

Answer:

alliteration

Explanation:

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2 years ago
Sabre is a performance automobile manufacturer headquartered in Ulster, Ireland. It has been in business for eighteen years and
Alchen [17]

Answer:

a) Augmented product: Previous Sabre models have won high praise from the automotive industry, and all 500 units of past vehicles have sold within weeks of announcement

b) Promised product: Sabre provides each potential customer with a list of customizable features that can be added during the manufacturing process.

c) Tangible product: Sabre designs and manufactures each automobile in-house; it makes every part of the car, from the tires to the brakes to the transmission to the metallic paint. Sabre employees make each car by hand.

d) Core product: Sabre is a performance automobile manufacturer headquartered in Ulster, Ireland. It has been in business for eighteen years and has brought twenty performance-oriented automobiles to market during this time.

Explanation:

a) The augmented product is defined as one that is capable of exceeding consumer expectations. In this case, the cars were sold very fast since customers were met with their expectations regarding the product offered.

b) In this case, Saber is able to customize each car with a series of additional features that offer the user so that he is able to have his own car as he would like

c) Tangible products are defined as goods or services that are manufactured, dispatched and delivered, that is, in this case, cars

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2 years ago
Kendra believes the u.s. government to be corrupt, and thinks that there should be no governing force to control people's lives.
Rainbow [258]
The answer is anarchy.
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2 years ago
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hou
Vlad [161]

Answer:

Total cost= $6,180

Explanation:

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (202,100/47,000) + 2

Predetermined manufacturing overhead rate= $6.3 per direct labor hour

<u>Now, we can allocate overhead:</u>

<u />

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Allocated MOH= 6.3*100

Allocated MOH= 630

<u>Finally, the total cost:</u>

Total cost= 850 + 4,700 + 630

Total cost= $6,180

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2 years ago
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