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Under a job order cost system, unit costs are determined for products manufactured under each----------.
Direct Write-off Method
An accounting practice where actual bad debts are written off against income at the time they are identified as irrecoverable.
Bad Debt Expense
An expense reported on the income statement, representing the estimate of uncollectible accounts receivable.
Accounts Receivable
Money owed to a company by its clients or customers for goods or services delivered but not yet paid for.
Allowance for Doubtful Accounts
A contra-asset account that represents the amount of accounts receivable that a company does not expect to collect.
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