The following information is from the records of sumter, inc. for the year ended december 31, 2014. allowance for doubtful accounts, january 1, 2014 .. $ 6,000 (cr) sales, 2014 2,920,000 sales returns and allowances, 2014 32,000 if the basis for estimating bad debts is 1 percent of net sales, the correct amount of doubtful accounts expense for 2014 is

a. $34,880
b. $23,200
c. $22,800.
d. $28,880.

Phoenix guitars is interested in pursuing backward integration to take greater ownership of the extraction of raw materials and production of components used in its signature line of guitars. although this approach would lower the overall cost of producing a guitar, the costs associated with producing electronic pickupsfor sound amplification are far greater than those associated with sourcing pickups from a reliable supplier. which of the following approaches is likely to produce superior results? a) invest in vertical integration despite the cost of producing pickups.b) abandon the idea of vertical integration entirely.c) pursue taper integration.d) introduce a budget line of guitars to diversify the firm's offerings.