Sheffield, inc. had net sales in 2020 of $1,464,200. at december 31, 2020, before adjusting entries, the balances in selected accounts were accounts receivable $248,800 debit, and allowance for doubtful accounts $1,807 debit. assume that 10% of accounts receivable will prove to be uncollectible. prepare the entry to record bad debt expense.

Bandar industries berhad of malaysia manufactures sporting equipment. one of the company’s products, a football helmet for the north american market, requires a special plastic. during the quarter ending june 30, the company manufactured 35,000 helmets, using 22,500 kilograms of plastic. the plastic cost the company $171,000. according to the standard cost card, each helmet should require 0.6 kilograms of plastic, at a cost of $8 per kilogram. 1. what is the standard quantity of kilograms of plastic (sq) that is allowed to make 35,000 helmets? 2. what is the standard materials cost allowed (sq x sp) to make 35,000 helmets? 3. what is the materials spending variance? 4. what is the materials price variance and the materials quantity variance?