The following aging information pertains to Daisy's accounts receivable at December 31, 2020: Days Outstanding Amount Estimated % Uncollectible 0-30 $ 424,000 1 % 31-60 144,000 3 % 61-120 104,000 8 % Over 120 124,000 15 % During 2020, Daisy wrote off $18,400 in receivables and recovered $6,400 that had been written off in prior years. Daisy's December 31, 2019, allowance for uncollectible accounts was $42,000. Using the balance sheet approach, what amount of allowance for uncollectible accounts should Daisy report at December 31, 2020

Sweeten company had no jobs in progress at the beginning of march and no beginning inventories. the company has two manufacturing departments--molding and fabrication. it started, completed, and sold only two jobs during march—job p and job q. the following additional information is available for the company as a whole and for jobs p and q (all data and questions relate to the month of march): molding fabrication total estimated total machine-hours used 2,500 1,500 4,000 estimated total fixed manufacturing overhead $ 10,000 $ 15,000 $ 25,000 estimated variable manufacturing overhead per machine-hour $ 1.40 $ 2.20 job p job q direct materials $ 13,000 $ 8,000 direct labor cost $ 21,000 $ 7,500 actual machine-hours used: molding 1,700 800 fabrication 600 900 total 2,300 1,700 sweeten company had no underapplied or overapplied manufacturing overhead costs during the month. required: for questions 1-8, assume that sweeten company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. for questions 9-15, assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. 1. what was the company’s plantwide predetermined overhead rate? (round your answer to 2 decimal places.) next