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Question - DEF inc. sold 20,000 units during the year. At this activity level, total fixed costs were $60,000 and total variable costs were $80,000. ABC's relevant range is 8,000 to 25,000 units. If DEF were to sell 17,000 units, find the total cost?
a. $128,000
b. $131,000
c. $119,000
d. $140,000
Badger recorded $500,000 of net sales for the year of which 2% is estimated to be uncollectible. Prepare the journal entry at the end of the year
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