QUESTION 32 Weston Jewelers uses the perpetual inventory system. On April 2, Weston sold merchandise with a cost of $1.200 for $2,200 to a customer on account with the terms 3/15,n30. Weston paid $125 for delivery of the merchandise. Calculate the amount of gross profit. (Round any intermediary calculations and your final answer to the nearest dolar) 3934 $809 52.134 51.000 QUESTION 33 Which of the following inventory costing methods is based on the actual cost of each particular unit of inventory? -in, first-out specific identification first in first- weighted average QUESTION 34 The Allowance for Bad Debts account has a debit balance of $8,000 before the adjusting entry for bad debts expense After analyzing the accounts in the accounts receivable subsidiary ledger, the company management estimates that uncollectible accounts will be $11,250 (balance sheet approach) What will be the amount of the adjustment in the Allowance for Bad Debts account? 33.250 $20,000 $11,250 $19,250