Alshon Jeffery is the president of Agholor Company. Agholor manufactures two products, Leather Footballs and Synthetic Footballs. The company expects to produce and sell 1,400 units of Leather Footballs and 2,000 units of Synthetic Footballs during the current year. The company uses activity-based costing to compute unit product costs for external reports. Data relating to the company's three activity cost pools are given below for the current year: Activity Cost Pool Estimated Overhead Costs Expected Activity Leather Footballs Synthetic Footballs Total Machine setups $ 13,200 120 80 200 Purchase orders $ 85,680 882 1,638 2,520 General factory $ 26,840 1,270 1,170 2,440 Required: Determine the overhead cost per unit for each product using the activity-based costing

Reagan corporation is a wholesale distributor of truck replacement parts. initial amounts taken from reagan's records are as follows:

Most economists report the elasticity of demand asa. the absolute value of the actual number.b. a negative number, since price and quantity demanded move in opposite directions.c. a percentage, since both the numerator and denominator are percentages.d. a dollar amount, since we are measuring the change in price.

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?