On December 31, before adjustment, accounts receivable has a balance of $25,000 and the allowance for doubtful accounts has a credit balance of $4,000. Bad Debt Expense for the year as determined using the percentage of receivables method is $1,000. Which of the following statements is correct? Select one: a. All of the above are correct. b. The entry to record the adjustment at year end includes a debit to Bad Debt Expense. c. The balance in Accounts Receivable after adjustment is $26,000. d. The balance in the Allowance for Doubtful Accounts after adjustment is $1,000 credit. e. The entry to record the adjustment at year end includes a debit to Allowance for Doubtful Accounts.

Emery pharmaceutical uses an unstable chemical compound that must be kept in an environment where both temperature and humidity can be controlled. emery uses 825 pounds per month of the chemical, estimates the holding cost to be 50% of the purchase price (because of spoilage), and estimates order costs to be $48 per order. the cost schedules of two suppliers are as follows: vendor 1 vendor 2 quantity price/lb quantity price/lb 1-499 $17 1-399 $17.10 500-999 $16.75 400-799 $16.85 1000+ $16.50 800-1199 $16.60 1200+ $16.25 (a) what is the economic order quantity for each supplier? (b) what quantity should be ordered and which supplier should be used? (c) the total cost for the most economic order sire is $