Huron company produces a commercial cleaning compound known as zoom. the direct materials and direct labor standards for one unit of zoom are given below: standard quantity or hours standard price or rate standard cost direct materials 6.20 pounds $ 3.00 per pound $ 18.60 direct labor 0.40 hours $ 10.00 per hour $ 4.00 during the most recent month, the following activity was recorded: twelve thousand pounds of material were purchased at a cost of $2.90 per pound. the company produced only 1,200 units, using 10,800 pounds of material. (the rest of the material purchased remained in raw materials inventory.) 580 hours of direct labor time were recorded at a total labor cost of $6,960. required: compute the materials price and quantity variances for the month. (indicate the effect of each variance by selecting "f" for favorable, "u" for unfavorable, and "none" for no effect (i. e., zero variance). input all amounts as positive values.)

Swathmore clothing corporation grants its customers 30 days' credit. the company uses the allowance method for its uncollectible accounts receivable. during the year, a monthly bad debt accrual is made by multiplying 3% times the amount of credit sales for the month. at the fiscal year-end of december 31, an aging of accounts receivable schedule is prepared and the allowance for uncollectible accounts is adjusted accordingly. at the end of 2012, accounts receivable were dollar 586.000 and the allowance account had a credit balance of dollar 50,000. accounts receivable activity for 2013 was as follows: the company's controller prepared the following aging summary of year-end accounts receivable: prepare a summary journal entry to record the monthly bad debt accrual and the write-offs during the year. (if no entry is required for a particular event, select "no journal entry required" in the first account field.) prepare the necessary year-end adjusting entry for bad debt expense. (if no entry is required for an event, select "no journal entry required" in the first account field.) what is total bad debt expense for 2013? calculate the amount of accounts receivable that would appear in the 2013 balance sheet?