[The Following Information Applies to the Questions Displayed Below

question 27

Multiple Choice

[The following information applies to the questions displayed below.]
At the end of January,the unadjusted trial balance of Windsor,Inc.included the following accounts:

-Windsor uses the income statement approach in estimating uncollectible accounts expense,and uncollectible accounts expense is estimated to be 2% of credit sales.What is the amount of uncollectible accounts expense recognized in Windsor's income statement for January?

• A)$8,000.
• B)$10,000.
• C)$9,200.
• D)$7,200.

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Definitions:

Cost of Goods Manufactured

The total production cost of goods completed during a specific period, including costs of materials, labor, and overhead.