George produces cupcakes. His production cost is $10 per dozen. He sells the cupcakes for $16 per dozen. His producer surplus per dozen cupcakes is:.

Answers

Answer 1

Producer surplus is the difference between the market price at which an item can be sold and the cost of producing it. Producer surplus is the profit made by producers that they would not have earned if the price of their goods were lower than the market price.

It's calculated as the difference between the market price and the producer's minimum acceptable price for each unit sold.In the given scenario, George produces cupcakes at a cost of $10 per dozen and sells them for $16 per dozen. His producer surplus can be calculated as follows:

Producer surplus = Selling price - Production cost= $16 - $10= $6 per dozen cupcakesThus, George's producer surplus per dozen cupcakes is $6.

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Related Questions

What are the approaches for learning Economics effectively?

Answers

the linear stages of growth model, theories and patterns of structural change, the international dependency revolution, and the neoclassical theories. The term economic development is a term that economists, politicians, and others have used frequently.

Type the correct answer in the box. Spell all words correctly.

Which cost is dependent on production volume?

_____ cost is dependent on production volume.

Answers

Answer:

Variable costs

Explanation:

Variable costs are dependent on production output. The variable cost of production is a constant amount per unit produced. As the volume of production and output increases, variable costs will also increase.

Answer:

Variable cost

Explanation:

the objective of lean manufacturing is to increase variety for customers while also realizing the cost advantages of high volume continuous and line flow processes?

Answers

The objective of Lean Manufacturing is not to iincrease variety for customers whie also realizing the cost afvantages of high volume continuous and line flow processes, but to eliminate waste, decrease cost, improve the customer satisfaction and increase profits.

FALSE

Lean Manufacturing is a methodology found by Toyota Enterprise to eliminate waste and improve the efficientcy of manufacturing process. Lean manufacturing could provide benefits in reduced lead time, reduced operating costs, reduced inventory level, and improved product quality.

There are 5 keys of Lean Principles:

Identify valueMap the value streamCreate flowEstablish pullSeek perfection

In Lean Methodology, anything, any works, or any person who creates no value into the product could be seen as a waste. There are 3 objectives of Lean Process found by Toyota Enterprise:

Design out MURI (overburden)Design out MURA (inconsistency)Eliminate MUDA (waste)

There are 8 elements of waste (MUDA) that should be eleminate when implementing Lean Manufacturing:

OverproductionWaiting timeTransportationInventoryUnderutilized workerDefective producstOverprocessingMovement

To increase the variety of products for customers while also realizing the cost advantages of high volume continuous and line flow processes, manufacture could implement Mass Custiomization concept, which combines mass production processes and late-differentiating product concept. Mass customization only would work if the manufacutring and supply chain process of a company is lean and agile enough.

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wine and roses, incorporated, offers a bond with a coupon of 7.5 percent with semiannual payments and a yield to maturity of 8.16 percent. the bonds mature in 10 years. what is the market price of a $1,000 face value bond? multiple choice $1,461.51 $1,449.42 $955.47 $1,055.32 $1,506.05 question 2 of 10 total 2 of 10 mcgraw hill

Answers

Based on the bond coupon, the semiannual payments, and the yield to maturity, the market price of the bond can be found to be $955.47.

How to find the market price of the bond?

The market price of the bond is the sum of the present value of the bond coupon payments and the present value of the face value of the bond.

The number of periods for the bond is:

= 10 years x 2 semi annual periods

= 20 semi annual periods

The periodic yield to maturity is:

= 8.16 / 2

= 4.08%

The coupon payment on the bond is:

= 7.5%/2 x 1,000

= $37.50

The present value of the coupons is:

= 37.50 x (1 - (1 + 4.08%)⁻²⁰) / 4.08%

= $506.05

The present value of the face value is:

= 1,000 / (1 + 4.08%)²⁰

= $449.42

The market price is therefore:

= 506.05 + 449.42

= $955.47

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The problem of dilution never arises with call options, but it can arise with warrants.(True/False)

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False. The problem of dilution can arise with both call options and warrants. Dilution occurs when a company issues additional shares of stock, which can decrease the value of existing shares and dilute the ownership stake of current shareholders.

When call options are exercised, new shares of stock are issued, which can result in dilution. Similarly, when warrants are exercised, new shares of stock are issued, which can also result in dilution. The difference between call options and warrants is that warrants are typically issued by the company itself, while call options are traded among investors. This means that the company has more control over the terms of the warrants and can potentially structure them in a way that could lead to greater dilution for existing shareholders. We can say that dilution is a critical issue for investors as it can impact the value of their investment. It is important for investors to carefully consider the terms of any investment instrument, including call options and warrants, to understand the potential risks associated with dilution.

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a list of the more specific information about what the food package contains is called

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A list of the more specific information about what the food package contains is called a product label or ingredient list.

A product label or ingredient list provides detailed information about the contents of a food package. It typically includes a list of ingredients, nutritional information, allergen warnings, and any additional information required by regulations or consumer preferences. The ingredient list specifies the components used in the product, typically listed in descending order of their proportion within the food. This allows consumers to be aware of what they are consuming and make informed choices based on their dietary needs, preferences, or potential allergens.

The product label or ingredient list plays an important role in providing consumers with specific information about the contents of a food package, allowing them to make informed decisions about their purchases and dietary requirements.

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A stock has an expected return of 13. 24 percent, the risk-free rate is 4. 4 percent, and the market risk premium is 8. 98 percent. what is the stock's beta?

Answers

A stock has an expected return of 13. 24 percent, the risk-free rate is 4. 4 percent, and the market risk premium is 8. 98 percent. 0.75 is the stock's beta.

Calculate the beta for stock using the CAPM approach as follows:

Cost of common stock = Risk-free rate + Beta × Market risk premium

13% 7% + Beta x8%

13% 7% Beta × 8%

6% = Beta x8%

6% 8% Beta = =

=0.75

Therefore, the beta for stock using the CAPM approach is 0.75.

Market risk is the potential for loss to individuals or other companies as a result of factors that affect the overall performance of an investment in financial markets.

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These items are taken from the financial statements of Drew Corporation at December 31, 2022.
Retained earnings (beginning of year) $33,000
Utilities expense 2,000
Equipment 56,000
Accounts payable 15,300
Cash 15,900
Salaries and wages payable 3,000
Common stock 13,000
Dividends 14,000
Service revenue 78,000
Prepaid insurance 3,500
Maintenance and repairs expense 1,800
Depreciation expense 3,300
Accounts receivable 14,200
Insurance expense 2,200
Salaries and wages expense 47,000
Accumulated depreciation—equipment 17,600
Instructions
Prepare an income statement and a retained earnings statement for the year ended December 31, 2022 and a classified balance sheet as of December 31, 2022.

Answers

The financial statements for Drew Corporation for the year ended December 31, 2022, include an income statement, a retained earnings statement, and a classified balance sheet.

The income statement summarizes the company's revenues, expenses, and net income or loss for the year. It shows the financial results of the company's operations. The retained earnings statement outlines the changes in the retained earnings account, including net income or loss, dividends, and adjustments. It helps track the accumulation of profits or losses over time. The classified balance sheet presents the company's assets, liabilities, and shareholders' equity at a specific point in time, in a classified format based on liquidity.

To prepare these statements, the financial information provided in the question needs to be organized and classified correctly. The income statement will calculate the net income by subtracting expenses from revenues. The retained earnings statement will begin with the beginning balance of retained earnings and incorporate net income, dividends, and adjustments to determine the ending balance. The classified balance sheet will list the assets, liabilities, and shareholders' equity in their respective categories.

Due to the complexity of organizing and calculating the financial statements based on the information provided, it is not possible to generate the complete statements within the word limit. However, with the provided information and the understanding of the structure and purpose of these statements, one can proceed to prepare the financial statements for Drew Corporation accordingly.

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Shepherds company. Manufactures two types of shoes sneakers and boots .Each sneakers requires 2 direct labor hours and boots require 1.5 direct labor hours.The overhead rate. Per direct hour is $2 .Direct materials for sneakers and boots is $15-$20 .Respectivelay.The total unit cost for each product.

Answers

The question is incomplete. The complete question is :

Shepherd Company manufactures two types of shoes - sneakers and boots. Each sneaker requires 2 direct labor hours and boots require 1.5 direct labor hours. The overhead rate per direct labor hour is $2. Direct materials for sneakers and boots is $15 and $20, respectively. Direct labor for sneakers and boots is $5 and $7, respectively. The total unit cost for each product is:

Solution :

The total unit cost for a product = direct materials cost + direct labor cost + overhead cost

The total unit cost for the sneakers and the boots are :

Particulars                                           Sneakers     Boots

Direct material cost                                  $15           $20

Direct labor cost                                        $5            $7

Overhead cost                                           $4            $3

Total unit cost                                           $24          $30

The overhead rate per direct labor hour is $2

So, the overhead cost per unit of :

Sneakers : 2 hours at the rate $2 per hour = $4

Boots : 1.5 hours at the rate of $2 per hour = $3

Hence the answer is : total unit cost = Sneakers: $24; Boots: $30

Given that the AC = 500, PV = 400 and EV = 300, this project is currently _________ budget and ______ schedule. under, ahead of under, behind over, behind over, ahead of
on, on

Answers

Based on the information provided, the project is currently under budget and behind schedule. The AC (actual cost) of the project is 500, which means that the actual cost incurred for the project is more than the budgeted cost. On the other hand, the PV (planned value) of the project is 400, which represents the planned cost of the project at this point in time. Lastly, the EV (earned value) of the project is 300, which means that the project has only completed work worth 300 according to the plan. As the earned value is less than the planned value, the project is behind schedule. Therefore, the project is currently under budget and behind schedule.
Given that the AC = 500, PV = 400, and EV = 300, this project is currently over budget and behind schedule.

Here's an explanation:
1. AC (Actual Cost) represents the amount spent on the project so far, which is 500 in this case.
2. PV (Planned Value) is the estimated value of work planned to be completed by this point in the project, which is 400 in this case.
3. EV (Earned Value) is the actual value of the work completed so far, which is 300 in this case.

Comparing the values, we can determine the project's status:
- Since the AC (500) is greater than the PV (400), the project is over budget.
- Since the EV (300) is less than the PV (400), the project is behind schedule.

Therefore, the project is currently over budget and behind schedule.

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Which of the following are characteristics of hard money? i. donations from individuals and interest group pacs ii. regulated by the federal election commission iii. goes directly to a political candidate iv. can be used for advertising or other campaign expenses a. i, ii, iii, and iv b. i and ii only c. i, iii, and iv only d. ii, iii, and iv only please select the best answer from the choices provided a b c d

Answers

The characteristics of hard money include donations from individuals and interest group PAC'S, and they are regulated by the Federal Election Commission.

What is hard money?

Hard money and soft money are often used to describe the type of currency and also refer to political currency in the United States.

These two combined factors are the definition of what is considered "hard money" in politics.

Hard money is separated from soft cash, because the latter comes from a donation that can be controlled by the Federal Election Commission.

Thus, the correct answer is option B.

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the principal of a mortgage loan is the

a. down payment minus the closing costs minus the purchase price
b. purchase price plus the closing costs minus the down payment
c. down payment plus the closing costs plus the down payment
d. purchase price minus the closing costs minus the down payment

Answers

The down payment less the closing charges less the purchase price is the mortgage loan's principle.

What does a mortgage look like in its simplest form?

When you enter into a mortgage with a lender, you give the lender the right to seize the property if they are unable to make the loan amount back plus the interest. You might be able to get a mortgage loan that will enable you buy a new house using the worth of the an existing home as security.

Why do individuals use mortgages?

Mortgage loans assist people in financing the purchase of real estate by taking a small portion of the property's overall worth as payment. How Do Mortgages Work A mortgage is a loan used to pay for the upkeep of a home, piece of land, or other kinds of rental properties.

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MOTIVATION TIME

Success doesn’t just find you. You have to go out and get it.

Answers

Answer:

thnak u that made my day

Explanation:

The utility industry has an average PE (price/Earnings Ratio) of 20. National Grid is expected to make $2.78 earnings per share this year. What do you estimate the stock price to be? Pick the number closest to your answer. O $48.75 O$50.00 O $52.85 O $55.60

Answers

National Grid's estimated stock price is $55.60.

Stock price refers to the current market value of a single share of a publicly-traded company's stock. It is determined by the interaction of supply and demand in the stock market, where investors buy and sell shares based on their perceptions of the company's financial performance, future growth potential, and other factors that may affect its value.

To estimate the stock price of National Grid in the utility industry, we can use the average PE (Price/Earnings) ratio and the expected earnings per share.

The utility industry has an average PE ratio of 20, and National Grid is expected to make $2.78 earnings per share this year. To estimate the stock price, simply multiply the average PE ratio by the expected earnings per share:

Stock Price = PE Ratio × Earnings per Share
Stock Price = 20 × $2.78
Stock Price = $55.60

Therefore, based on the given information, the closest estimate for National Grid's stock price is $55.60.

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Sending a thank-you note to an interviewer is no longer expected.


True

False

Answers

Answer:

False

Explanation:

Answer:

your answer would be true

Explanation:

a july sales forecast projects that 7,500 units are going to be sold at a price of $9.50 per unit. management forecasts 4% growth in sales each month. total august sales are anticipated to be:

Answers

A July sales forecast projects that 7,500 units are going to be sold at a price of $9.50 per unit. Management forecasts 4% growth in sales each month. Total August sales are anticipated to be: 7,800 units.

Forecasting is a systematic and data-driven process of predicting future trends or results, frequently relying on historical data and other analytics tools to provide insights into what the future may hold. The answer to the question above is obtained by adding 4% growth to the previous month's sales. The following is a breakdown of how the calculations are done; The sales for August are 4% higher than the sales for July as per the forecast calculations.

4% of 7,500 = (4/100) × 7,500

= 3007,500 + 300

= 7,800

Therefore, the total August sales are anticipated to be 7,800 units.

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what might happen if the government creates more money to cover a large deficit?

Answers

If the government creates more money to cover a large deficit, it can lead to several economic consequences, including inflation and a decrease in the value of the currency.

When the government creates more money, it increases the supply of money in circulation, leading to a decrease in the value of each unit of currency. This can lead to higher prices for goods and services, as the value of money decreases, and people need more money to purchase the same things.

Inflation can be harmful to the economy as it reduces the purchasing power of individuals, making it harder for them to afford basic necessities. It can also lead to higher interest rates, as lenders demand compensation for the decreasing value of the money they lend out.

Creating more money to cover a deficit can also lead to a decrease in investor confidence and lower foreign investment, as other countries may view the country's economic policies as unstable. Overall, creating more money to cover a large deficit can have negative economic consequences that can impact the long-term health of the economy.

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Which of the following is a guarantee that protects a customer from product defects for a specified period of time? contingency promissory note warranty

Answers

The one that is a guarantee that protects a customer from product defects for a specified period of time is option D. warranty

What is a warranty?

A warranty is a pledge that is not a premise of the contract or an innominate term:

it is a concept "not going to the root of the contract", and which only entitles the innocent party to damages if it is breached.

The warranty is not ideal when the defaulting party does not function the contract in accordance with the notion of the warranty. A warranty is different from a guarantee. It is an ordinary pledge.

Therefore, the correct answer is as given above

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Instruction I: Work out questions 1. Assume the construction of dam project involves an out lay of Br. 10,000,000. Its expected cash inflows at the end of the year 1 is Br.500,000. Cash inflow decreases every year by Br.30,000. The project has an economic life of 6 years. Required: i. Calculate the NPV of the project if the cost of capital is 10% (5pts). ii. Calculate BCR of the project (5pts) iii. Decide whether the project is accepted or rejected by using both method (2pts).​

Answers

Answer:

Explanation:

To solve this problem, we need to use the formula for the net present value (NPV) of a project, which is:

NPV = ∑[(Cash flow / (1 + r)^t)] - Initial investment

Where r is the cost of capital, t is the year in which the cash flow occurs, and the sum is taken over all the years of the project.

We can use this formula to solve the first two parts of the problem:

i. Calculate the NPV of the project if the cost of capital is 10%:

NPV = ∑[(Cash flow / (1 + 0.10)^t)] - Initial investment

= ∑[(Cash flow / (1.10)^t)] - Initial investment

For year 1, the cash flow is 500,000 and the discount factor is (1.10)^1 = 1.10, so the NPV is:

(500,000 / 1.10) - 10,000,000 = -9,090,909.09

For year 2, the cash flow is 500,000 - 30,000 = 470,000 and the discount factor is (1.10)^2 = 1.21, so the NPV is:

(470,000 / 1.21) - 10,000,000 = -8,932,737.70

For year 3, the cash flow is 470,000 - 30,000 = 440,000 and the discount factor is (1.10)^3 = 1.33, so the NPV is:

(440,000 / 1.33) - 10,000,000 = -8,781,948.89

For year 4, the cash flow is 440,000 - 30,000 = 410,000 and the discount factor is (1.10)^4 = 1.46, so the NPV is:

(410,000 / 1.46) - 10,000,000 = -8,638,979.45

For year 5, the cash flow is 410,000 - 30,000 = 380,000 and the discount factor is (1.10)^5 = 1.61, so the NPV is:

(380,000 / 1.61) - 10,000,000 = -8,502,481.61

For year 6, the cash flow is 380,000 - 30,000 = 350,000 and the discount factor is (1.10)^6 = 1.78, so the NPV is:

(350,000 / 1.78) - 10,000,000 = -8,372,466.99

The NPV of the project is the sum of all these terms, which is:

-9,090,909.09 - 8,932,737.70 - 8,781,948.89 - 8,638,979.45 - 8,502,481.61 - 8,372,466.99 = -52,016,054.84

So the NPV of the project is -52,016,054.84.

ii. Calculate BCR of the project:

The benefit-cost ratio (BCR) of a project is the ratio of the NPV to the initial investment. In this case, the BCR is:

BCR = NPV / Initial investment = -52,016,054.84 / 10,000,000 = -5.2018

We must apply the calculation for a project's net present value (NPV), which is: to resolve this issue. BCR is -5.2018.

What is NPV ?

NPV is equal to [(Cash flow / (1 + r)]t. - Initial expenditure

Where t is the year in which the cash flow occurs, r is the cost of capital, and the amount is calculated over the entire project's lifespan.

The first two components of the issue can be resolved using the following formula:

i. Determine the project's net present value (NPV) assuming a 10% cost of capital:

(Cash flow / (1 + 0.10)t) = NPV - Initial expenditure

= [(Cash flow / 1.10)]t - Initial expenditure

Given that the cash flow is 500,000 in year 1 and the discount rate is 1.10, the NPV is as follows:

(500,000 / 1.10) - 10,000,000 = -9,090,909.09

In year 2, the moneyThe discount factor is 1.102 = 1.21 and the flow is 500,000 - 30,000 = 470,000, hence the NPV is:

(470,000 / 1.21) - 10,000,000 = -8,932,737.70

With a cash flow of 470,000 minus 30,000 for year 3 and a discount factor of 1.10 times three, the NPV is as follows:

(440,000 / 1.33) - 10,000,000 = -8,781,948.89

With a cash flow of 440,000 - 30,000 for year 4 and a discount factor of 1.10 divided by 4 to get 1.46, the NPV is as follows:

(410,000 / 1.46) - 10,000,000 = -8,638,979.45

With a cash flow of 410,000 - 30,000 = 380,000 for year 5 and a discount factor of 1.10 x 5 = 1.61, the NPV is as follows:

(380,000 / 1.61) - 10,000,000 = -8,502,481.61

With a cash flow of 380,000 minus 30,000 for year 6 and a discount factor of 1.10 divided by 6 for a net present value of:

(350,000 / 1.78) - 10,000,000 = -8,372,466.99

The project's NPV.the total of these phrases, which is:

-9,090,909.09 - 8,932,737.70 - 8,781,948.89 - 8,638,979.45 - 8,502,481.61 - 8,372,466.99 = -52,016,054.84

Consequently, the project's NPV is -52,016,054.84.

ii. Determine the project's BCR:

A project's benefit-cost ratio (BCR) is the proportion of NPV to initial investment. The BCR in this instance is:

BCR = NPV / Investment, which equals -52,016,054.84 / 10,000,000, or -5.2018.

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Lexi was on target in terms of her financial plan when her basement flooded due to an intense rainfall. Which type of financial risk derailed Lexi’s plans?

A. income risk

B. interest rate risk

C. personal risk

D. inflation risk

Answers

Answer:

C, "Personal risk"

Explanation:

Gradpoint

How is international employment different from foreign employment? Give your argument with examples.​

Answers

Answer:

Foreign employment is working for a company that is based in another country and you usually only work in one country. International employment is working in multiple countries and often your own home country is one of them

A questionnaire on the negative impact of the coronavirus as one of the socio economic issues of the business

Answers

Answer:

From my understanding,I don't think so

Explanation:

because of the coronavirus from where I'm living those that are selling face mask and hand sanitizer are benefiting more from it than others

why all choices are economic choices?

Answers

Answer:

All choices are economic choices because with every choice we make, we are (sometimes subconsciously) analyzing the costs and benefits of our options. Our choices are guided by self-interest and every choice we make involves some kind of cost, whether it be time or money or something else.

how many ig followers do i have alexamaldonadoo go quick ill give brainliest

Answers

1,244 but ima follow so 1,245

Learning Task 7: Find the function and create a formula that will calculate the total number of fruits in the workbook below. Write the formula on cell B7.

Answers

Answer:

=SUM(B2:B6)

Explanation:

Given

See attachment for workbook

Required

The function that calculates the total number of fruits

The number of fruit for each fruit is represented by cell B2 through B6.

So, we need to create a function that adds up the values in B2 to B6. To do this, we make use of the SUM function.

So, enter the following formula in cell B7

=SUM(B2:B6)

The above formula will add B2 to B6

Learning Task 7: Find the function and create a formula that will calculate the total number of fruits

The government claimed that, to illegally control the market, Microsoft used

a. predatory pricing and mergers.
b. predatory pricing and buying out competitors.
c. predatory pricing and forming a cartel.
d. predatory pricing and requiring customers to buy other products.

Answers

Answer:

B. Predatory pricing and buying out competitors

From the following Ledger balances of AB International, prepare a Trial Balance.

From the following Ledger balances of AB International, prepare a Trial Balance.

Answers

In preparation of our Trial Balance, we have an equal credit and debit side which equals to $65,745.

Prepare of Trial Balance for AB International:

A trial balance can be used to identify mathematical errors in a double entry accounting system. If the total debits equal the total credits, the trial balance is considered balanced, and no mathematical errors should exist in the ledgers.

No Particulars L.F.               Debit ($)      Credit ($)

1.    Purchases                       12,000

2.   Sales                                                     25,000

3.    Discount                          1,200

4.    Salaries                            2,500

5.    Wages                             10,000

6.     Cash in Hand                  975

7.     Cash at Bank                   13,500

8.     Repairs & Maintenance  870

9.     Sundry Expenses            350

10.     Mortgage                                             14,000

11.     Mortgage Interest            250

12.     Traveling Expenses        100

13.     Insurance                         150

14.     Carriage                           250

15.     Commission                     350

16.     Rent and Rates                600

17.     Building                            6,000

18.     Machinery                        5,000

19.     Delivery Van                    4,000

20.     Capital                                                  20,000

21.     Accounts Payable                                 3,200

22.     Accounts Receivable      4,500

23.     Opening Stock                 2,450

24.     Returns Inward                 300

25.     Reserve for doubtful debts                  800

26.     Notes Payable                  2,745

27.     Notes Receivable                                  400

Total                                           $65,745     $65,745

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If the company estimates 4% of receivables to be uncollectible, the bad debt expense for 2022 would be: group of answer choices $4,720 $720 $4,000 $160 $4,800

Answers

If the Company estimates 4% of receivables to be uncollectible, the bad debt expense for 2022 would be $ 720 option B.

When a receivable is no longer recoverable as a result of a customer's inability to pay an existing debt owing to bankruptcy or other financial issues, a bad debt charge is recorded. Businesses that offer credit to their clients record bad debts as an allowance for doubtful accounts, sometimes referred to as a provision for credit losses, on their balance sheet.

A corporation records a credit to revenue and a debit to an account receivable when it completes a credit sale. There is no assurance that the business will get the money, which is the issue with this accounts receivable balance. A corporation can be entitled to money from a credit sale but never actually get it for any number of reasons.

Particulars                                                                                      Amount

Beginning balance of allowance for doubtful accounts             $ 5,000

Less: Accounts written off                                                             $ -2,000

Add: Accounts reinstated                                                              $ 1,000

Unadjusted balance of allowance for doubtful accounts            $ 4,000

Ending balance of allowance for doubtful accounts                    $ 4720

Less: Unadjusted balance of allowance for doubtful accounts  $ -4000

Bad debts expense                                                                          $720

Hence, the correct option is B $720.

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Complete question:

Use the following information to answer the next 3 questions: On January 1, 2022, a company's Accounts Receivable balance was $100,000, and the balance in the Allowance for Doubtful Accounts was a credit balance of $5,000. During 2022, the company recorded the following transactions: Credit Sales $130,000

Collections from customers $110,000

Accounts written-off $2.000

Collections on accounts previously written off $1,000  

If the Company estimates 4% of receivables to be uncollectible, the bad debt expense for 2022 would be

A. $4,720 B. $720 C. $4,000 D. $160 E. $4,800

Which of the following should show a profit in order for a financial institution to give a the company a loan

a) income statement
b) rent expense
c) accelerated depreciation
d) accounts receivable

Answers

Answer:

A I think not really sure hope this helps you

Income statement. So answer is A.

departmentalization refers to the degree to which jobs within the organization are standardized. T/F

Answers

The statement departmentalization refers to the degree to which jobs within the organization are standardized is False because departmentalization is not related to the standardization of jobs but rather to how jobs are grouped or categorized within the organization.

What is departmentalization?

Departmentalization is the process of dividing an organization into different departments or units based on various factors such as function, product, geography, customer type, or process. It determines how the organization's activities and tasks are divided and coordinated.

Each department focuses on specific functions or objectives and consists of employees who possess the necessary skills and knowledge related to that department's area of responsibility.

On the other hand, job standardization refers to the level of uniformity and consistency in the tasks, processes, and requirements of a particular job. Standardized jobs have clear and well-defined job descriptions, duties, and responsibilities, as well as established procedures and guidelines to be followed.

While departmentalization can influence job design and the coordination of work, it is not directly related to the standardization of jobs within the organization.

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