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Homework answers / question archive / The entry to record the amount of estimated uncollectible accounts includes a debit to Uncollectible Accounts Expense and a credit to: A Sales B
1. the entry to record the amount of estimated uncollectible accounts include a debit to uncollectible accounts expense and a credit to:-
d. allowance for unclollectible accounts
2.
Contribution margin:
= $90 - $24 - $48
= $18
Contribution margin ratio:
= $18 / $90
= 20%
1.
Breakeven point in rooms:
= ($5,000 + $1,000 + $1,200 + $360) / $18
= 420 rooms
2.
Breakeven point in dollars
= ($5,000 + $1,000 + $1,200 + $360) / 20%
= $37,800