Assume that Simple Co. had credit sales of $255,000 and cost of goods sold of $155,000 for the period. Simple uses the aging method and estimates that the appropriate ending balance in the Allowance for Doubtful Accounts is $3,500. Before the end-of-period adjustment is made, the Allowance for Doubtful Accounts has a credit balance of $300. What amount of Bad Debt Expense would the company record as an end-of-period adjustment?

Pederson company reported the following: manufacturing costs $480,000 units manufactured 8,000 units sold 7,500 units sold for $90 per unit beginning inventory 2,000 units what is the average manufacturing cost per unit? (round the answer to the nearest dollar.)

Plastic and steel are substitutes in the production of body panels for certain automobiles. if the price of plastic increases, with other things remaining the same, we would expect: a) the demand curve for plastic to shift to the left. b) the price of steel to fall. c) the demand curve for steel to shift to the left d) nothing to happen to steel because it is only a substitute for plastic. e) the demand curve for steel to shift to the right

You cannot make copies of media, even as a personal backup, without violating copyright. true