Pine street inc. makes unfinished bookcases that it sells for $62. production costs are $36 variable and $10 fixed. because it has unused capacity, pine street is considering finishing the bookcases and selling them for $70. variable finishing costs are expected to be $6 per unit with no increase in fixed costs. prepare an analysis on a per unit basis showing whether pine street should sell unfinished or finished bookcases. (round answers to 2 decimal places, e. g. 15.25. enter negative amounts using either a negative sign preceding the number e. g. -45 or parentheses e. g. (

Atrough in the business cycle occurs when

To : of $25 up to 35 2 35 up to 45 5 45 up to 55 7 55 up to 65 20 65 up to 75 16 is$25 up to $35 ?

Colorado rocky cookie company offers credit terms to its customers. at the end of 2018, accounts receivable totaled $715,000. the allowance method is used to account for uncollectible accounts. the allowance for uncollectible accounts had a credit balance of $50,000 at the beginning of 2018 and $30,000 in receivables were written off during the year as uncollectible. also, $3,000 in cash was received in december from a customer whose account previously had been written off. the company estimates bad debts by applying a percentage of 15% to accounts receivable at the end of the year. 1. prepare journal entries to record the write-off of receivables, the collection of $3,000 for previously written off receivables, and the year-end adjusting entry for bad debt expense.2. how would accounts receivable be shown in the 2018 year-end balance sheet?