The following information is from the 2020 records of r & s commercial plumbing company: accounts receivable, december 31, 2020 : $43,000 (debit) allowance for bad debts, december 31, 2020 prior to adjustment: 1,500 (debit) net credit sales for 2020: 180,000 accounts written off as uncollectible during 2017 16,000 cash sales during 2020 26,000 bad debts expense is estimated by the percent-of-sales method. management estimates that 6% of net credit sales will be uncollectible. calculate the amount of bad debts expense for 2020.a. $10.250 b. $9.000 c. $6.850 d. $7,700

Mauro products distributes a single product, a woven basket whose selling price is $15 and whose variable expense is $12 per unit. the company’s monthly fixed expense is $4,200. required: 1. solve for the company’s break-even point in unit sales using the equation method. 2. solve for the company’s break-even point in dollar sales using the equation method and the cm ratio. (do not round intermediate calculations. round "cm ratio percent" to nearest whole percent.) 3. solve for the company’s break-even point in unit sales using the formula method. 4. solve for the company’s break-even point in dollar sales using the formula method and the cm ratio. (do not round intermediate calculations. round "cm ratio percent" to nearest whole percent.)