Aportion of the current assets section of the december 31, 2014, balance sheet for carr co. is presented here: accounts receivable $ 40,000 less: allowance for bad debts (6,300 ) $ 33,700 the company's accounting records revealed the following information for the year ended december 31, 2014: sales (all on account) $406,000 cash collections from customers 419,000 accounts written off 14,000 bad debts expense (accrued at 12/31/14) 12,000 required: using the information provided for 2014, calculate the net realizable value of accounts receivable at december 31, 2013, and prepare the appropriate balance sheet presentation for carr co., as of that point in time. (amounts to be deducted should be indicated with minus sign.)

The direct labor budget of yuvwell corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: 1st quarter 2nd quarter 3rd quarter 4th quarterbudgeted direct labor-hours 11,200 9,800 10,100 10,900the company uses direct labor-hours as its overhead allocation base. the variable portion of its predetermined manufacturing overhead rate is $6.00 per direct labor-hour and its total fixed manufacturing overhead is $80,000 per quarter. the only noncash item included in fixed manufacturing overhead is depreciation, which is $20,000 per quarter. required: 1. prepare the company’s manufacturing overhead budget for the upcoming fiscal year.2. compute the company’s predetermined overhead rate (including both variable and fixed manufacturing overhead) for the upcoming fiscal year.