Current Attempt in Progress The balance sheet of Windsor Company at December 31, 2019, includes the following. Notes receivable $52,400 Accounts receivable 190,000 Less: Allowance for doubtful accounts 24,500 $217,900 Transactions in 2020 include the following. 1. Accounts receivable of $149,300 were collected including accounts of $66,800 on which 3% sales discounts were allowed. 2. $5,540 was received in payment of an account which was written off the books as worthless in 2019. 3. Customer accounts of $24,700 were written off during the year. 4. At year-end, Allowance for Doubtful Accounts was estimated to need a balance of $23,800. This estimate is based on an analysis of aged accounts receivable.

This exercise illustrates that poor quality can affect schedules and costs. a manufacturing process has 130 customer orders to fill. each order requires one component part that is purchased from a supplier. however, typically, 3% of the components are identified as defective, and the components can be assumed to be independent. (a) if the manufacturer stocks 130 components, what is the probability that the 130 orders can be filled without reordering components? (b) if the manufacturer stocks 132 components, what is the probability that the 130 orders can be filled without reordering components? (c) if the manufacturer stocks 135 components, what is the probability that the 130 orders can be filled without reordering components?