At the end of the current year (before adjusting entries), summer corporation had a balance of $ 88 comma 000 in accounts receivable and a credit balance of $ 11 comma 000 in allowance for uncollectible accounts. service revenue (all on credit) for the year totaled $ 470 comma 000. read the requirement 1. using the percent-of-sales method, calculate the amount of uncollectible-account expense if summer corporation estimates its uncollectible-account expense using a rate of 3% of credit sales. what is the ending balance of the allowance for uncollectible accounts under this scenario? summer corporation has $ of uncollectible-account expense using the percent-of-sales method. the ending balance of the allowance for uncollectible accounts is $ under this scenario. requirement 2. now assume that summer corporation uses the aging-of-receivables method. summer corporation estimates that its allowance for uncollectible accounts should have a credit balance of $ 26 comma 000. calculate the amount of its uncollectible-account expense. what is the ending balance of the allowance for uncollectible accounts under this scenario? summer corporation has $ of uncollectible-account expense using the aging-of-receivables method. the ending balance of the allowance for uncollectible accounts is $ under this scenario.

He cheyenne hotel in big sky, montana, has accumulated records of the total electrical costs of the hotel and the number of occupancy-days over the last year. an occupancy-day represents a room rented out for one day. the hotel's business is highly seasonal, with peaks occurring during the ski season and in the summer. month occupancy- days electrical costs january 1,736 $ 4,127 february 1,904 $ 4,207 march 2,356 $ 5,083 april 960 $ 2,857 may 360 $ 1,871 june 744 $ 2,696 july 2,108 $ 4,670 august 2,406 $ 5,148 september 840 $ 2,691 october 124 $ 1,588 november 720 $ 2,454 december 1,364 $ 3,529 required: 1. using the high-low method, estimate the fixed cost of electricity per month and the variable cost of electricity per occupancy-day. (do not round your intermediate calculations. round your variable cost answer to 2 decimal places and fixed cost element answer to nearest whole dollar amount) 2. what other factors other than occupancy-days are likely to affect the variation in electrical costs from month to month? (you may select more than one answer. single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) seasonal factors like winter or summer. systematic factors like guests, switching off fans and lights. number of days present in a month. fixed salary paid to hotel receptionist. income taxes paid on hotel income.