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At January 1, 2004, XYZ Company reported an allowance for bad debts with a $25,000 credit balance. During 2004, XYZ Company wrote-off as uncollectible accounts receivable totaling $17,000. Based on an aging of its accounts receivable at December 31, XYZ Company determined that its bad debt expense for 2004 was equal to $48,000. If XYZ Company had total accounts receivable of $280,000 at December 31, 2004, then its net realizable value at December 31, 2004 must be equal to?
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What is the workstation cycle time required to produce 1,000 units per day?
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