Pelicans ice is a snow cone stand near the local park. to plan for the future, it wants to determine its cost behavior patterns. it has the following information available about its operating costs and the number of snow cones served. month number of snow cones total operating costs january 6,400 $5,980 february 7,000 $6,400 march 5 comma 0005,000 $ 4 comma 000$4,000 april 6,900 $6,330 may 9 comma 0009,000 $ 7 comma 000$7,000 june 7,250 $6,575 using the highminus−low method, the monthly operating costs if pelicans sells 9 comma 0009,000 snow cones in a month a are a. $ 12 comma 000 b. $ 2 comma 500 c. $ 4 comma 500 d. $ 2 comma 000

Exercise 7-7 martinez company reports the following financial information before adjustments. dr. cr. accounts receivable $168,900 allowance for doubtful accounts $3,200 sales revenue (all on credit) 849,300 sales returns and allowances 50,440 prepare the journal entry to record bad debt expense assuming martinez company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but allowance for doubtful accounts had a $1,550 debit balance. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented when the amount is entered. do not indent manually.)