Brulee Bakery produces both regular and vegan baked goods. Each quarter, the research and development department develops a recipe to convert one dairy-based product to a vegan product. The new vegan product is then tested in consumer focus groups. Under activity-based costing, the company is most likely to classify developing a new vegan recipe as a(n) activity

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.)