Kyle Corporation's unadjusted trial balance includes the following balances (assume normal balances) : 
Bad debts are estimated to be 6% of outstanding receivables.What amount of bad debt expense will the company record for the period?
Definitions:
Assembly Department
A division within a manufacturing plant where components are assembled into final products.
Equivalent Units
A concept used in process costing that converts partially completed units into a number of fully completed units for accounting purposes.
Weighted-Average Method
A method for determining the cost of goods sold and the value of the remaining inventory by calculating the average cost of all available units for sale.
Conversion Costs
The sum of direct labor and manufacturing overhead costs, representing the costs to convert raw materials into finished products.
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