Larkspur distributors, inc. had net sales in 2017 of $2,300,000. at december 31, 2017, before adjusting entries, the balances in selected accounts were accounts receivable $320,000 debit, and allowance for doubtful accounts $1,500 debit. if larkspur estimates that 6% of its receivables will prove to be uncollectible, prepare the december 31, 2017, journal entry to record bad debt expense. (credit account titles are automatically indented when the amount is entered. do not indent manually. if no entry is required, select "no entry" for the account titles and enter 0 for the amounts.)

Mr. beautiful, an organization that sells weight training sets, has an ordering cost of $40 for the bb-1 set. (bb-1 stands for body beautiful number 1.) the carrying cost for bb-1 is $5 per set per year. to meet demand, mr. beautiful orders large quantities of bb-1 seven times a year. the stockout cost for bb-1 is estimated to be $50 per set. over the past several years, mr. beautiful has observed the following demand during the lead time for bb-1: demand during lead time probability40 0.150 0.260 0.270 0.280 0.290 0.1total 1.0the reorder point for bb-1 is 60 sets. what level of safety stock should be maintained for bb-1?