Business, 21.10.2020 16:01 jennainglish
Royal Enterprises has presented the following information for the past three months operations:
Month Units Average Cost
June 3,300 $ 11.80
July 5,700 $ 7.80
August 6,900 $ 7.00
a. Using the high-low method, calculate the fixed cost per month and variable cost per unit. (Round your variable cost to 2 decimal places.)
b. What would total costs be for a month with 5,300 units produced?
Answers: 1
Business, 22.06.2019 17:10, mikailah0988
At the end of the current year, accounts receivable has a balance of $550,000; allowance for doubtful accounts has a credit balance of $5,500; and sales for the year total $2,500,000. an analysis of receivables estimates uncollectible receivables as $25,000. determine the net realizable value of accounts receivable after adjustment. (hint: determine the amount of the adjusting entry for bad debt expense and the adjusted balance of allowance of doubtful accounts.)
Answers: 3
Royal Enterprises has presented the following information for the past three months operations:
Mon...
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