Business, 19.10.2019 03:10 perezsharisse24
Alvarado company sells a machine for $8,050 with a 12-month warranty agreement that requires the company to replace all defective parts and to provide the repair labor at no cost to the customers. with sales being made evenly throughout the year, the company sells 540 machines in 2014, its first year of operation (warranty costs are incurred half in 2014 and half in 2015). as a result of product testing, the company estimates that the warranty cost is $395 per machine ($172 parts and $223 labor).
assuming that actual warranty costs are incurred exactly as estimated, what is the balance in the warranty liability account at december 31, 2014?
Answers: 2
Business, 21.06.2019 22:30
Your project team’s recommendations to increase productivity have been approved and your team is now working on an implementation plan. in order to accomplish the plan, several subject matter experts from various parts of the organization have been brought in to assist. you have noticed friction and conflict among team members. some of the disagreement and opposition on your team supports the achievement of team goals and objectives. this type of conflict can be described as:
Answers: 1
Business, 22.06.2019 17:40
Solomon chemical company makes three products, b7, k6, and x9, which are joint products from the same materials. in a standard batch of 320,000 pounds of raw materials, the company generates 70,000 pounds of b7, 150,000 pounds of k6, and 100,000 pounds of x9. a standard batch costs $3,840,000 to produce. the sales prices per pound are $10, $14, and $20 for b7, k6, and x9, respectively. (a) allocate the joint product cost among the three final products using weight as the allocation base. (b) allocate the joint product cost among the three final products using market value as the allocation base. (c) allocate the joint product cost among the three final products using weight as the allocation base.
Answers: 3
Business, 22.06.2019 20:20
Fractional reserve banking which of the following statements about fractional reserve banking are correct? check all that apply. fractional reserve banking allows banks to create money through the lending process. fractional reserve banking does not allow banks to hold excess reserves. fractional reserve banking allows banks to create additional wealth by lending some reserves. fractional reserve banking relies on everyone not withdrawing their money at the same time.
Answers: 2
Alvarado company sells a machine for $8,050 with a 12-month warranty agreement that requires the com...
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