During the year, Wendell Company had net credit sales of $ 42 comma 000. At the end of the year, before adjusting entries, the balance in Accounts Receivable was $ 11 comma 500 (debit) and the balance in Allowance for Bad Debts was $ 600 (credit). If the company uses an income statement approach to estimate bad debts at 10%, what is the ending balance in the Allowance for Bad Debts account?

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?