If the maximum operating capacity of the gobblecakes bakery is 12,000 cupcakes annu- ally, determine the break-even volume as a percentage of that capacity. gobblecakes is a bakery that specializes in cupcakes. the annual fixed cost to make cupcakes is $18,000. the variable cost including ingredients and labor to make a cupcake is $0.90. the bakery sells cupcakes for $3.20 apiece. if the bakery sells 12,000 cupcakes annually, determine the total cost, total revenue, and profit.

Colorado rocky cookie company offers credit terms to its customers. at the end of 2018, accounts receivable totaled $715,000. the allowance method is used to account for uncollectible accounts. the allowance for uncollectible accounts had a credit balance of $50,000 at the beginning of 2018 and $30,000 in receivables were written off during the year as uncollectible. also, $3,000 in cash was received in december from a customer whose account previously had been written off. the company estimates bad debts by applying a percentage of 15% to accounts receivable at the end of the year. 1. prepare journal entries to record the write-off of receivables, the collection of $3,000 for previously written off receivables, and the year-end adjusting entry for bad debt expense.2. how would accounts receivable be shown in the 2018 year-end balance sheet?