Luna Corp. uses the aging method to estimate its bad debts. The accountant provided the following information regarding its receivables as of March 31: Account Age Balance Non-collection Probability Current $52,500 2% 1 - 30 days past due 327,500 4% 31 - 60 days past due 167,750 8% Over 60 days past due 11,300 17% A. What is the amount of accounts receivable deemed uncollectible using the aging method

Levine inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product. direct materials (9 pounds at $1.80 per pound) $16.20 direct labor (6 hours at $14.00 per hour) $84.00 during the month of april, the company manufactures 270 units and incurs the following actual costs. direct materials purchased and used (2,500 pounds) $5,000 direct labor (1,660 hours) $22,908 compute the total, price, and quantity variances for materials and labor.