As of January 1, 2021, Barley Co. had a credit balance of $532,000 in its allowance for uncollectible accounts. Based on experience, 2% of Farley’s gross accounts receivable have been uncollectible. During 2021, Farley write off $662,000 of accounts receivable. Barley’s gross accounts receivable as December 31, 2021 is $18,600,000. How much bad debt expense should Barley record for 2021

Croy inc. has the following projected sales for the next five months: month sales in units april 3,850 may 3,875 june 4,260 july 4,135 august 3,590 croy’s finished goods inventory policy is to have 60 percent of the next month’s sales on hand at the end of each month. direct material costs $2.50 per pound, and each unit requires 2 pounds. raw materials inventory policy is to have 50 percent of the next month’s production needs on hand at the end of each month. raw materials on hand at march 31 totaled 3,741 pounds. 1. determine budgeted production for april, may, and june. 2. determine the budgeted cost of materials purchased for april, may, and june. (round your answers to 2 decimal places.)