subject
Business, 26.11.2019 00:31 broyochey1

Bret company sold 3,000 holsks during 2018 at a total price of $12,000,000, with a warranty guarantee that the product was free of any defects. the cost of holsks sold is $7,200,000. the term of the assurance warranty is two years, with an estimated cost of $80,000. in addition, bret sold extended warranties related to 1,100 holsks for 3 years beyond the 2-year period for $110,000. bret should recognize unearned warranty revenue in 2018 )$110,000.(b)$0.(c)$80,000.(d)$190, 000.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 12:50
Two products, qi and vh, emerge from a joint process. product qi has been allocated $34,300 of the total joint costs of $55,000. a total of 2,900 units of product qi are produced from the joint process. product qi can be sold at the split-off point for $11 per unit, or it can be processed further for an additional total cost of $10,900 and then sold for $13 per unit. if product qi is processed further and sold, what would be the financial advantage (disadvantage) for the company compared with sale in its unprocessed form directly after the split-off point?
Answers: 2
question
Business, 22.06.2019 20:20
As you have noticed, the demand for flip phones has drastically reduced, and there are only a few consumer electronics companies selling them at extremely low prices. also, the current buyers of flip phones are mainly categorized under laggards. which of the following stages of the industry life cycle is the flip phone industry in currently? a. growth stage b. maturity stage c. decline stage d. commercialization stage
Answers: 2
question
Business, 22.06.2019 21:00
Reagan corporation is a wholesale distributor of truck replacement parts. initial amounts taken from reagan's records are as follows:
Answers: 1
question
Business, 22.06.2019 22:00
Exercise 2-12 cost behavior; high-low method [lo2-3, lo2-4] speedy parcel service operates a fleet of delivery trucks in a large metropolitan area. a careful study by the company’s cost analyst has determined that if a truck is driven 120,000 miles during a year, the average operating cost is 11.6 cents per mile. if a truck is driven only 80,000 miles during a year, the average operating cost increases to 13.6 cents per mile. required: 1.& 2. using the high-low method, estimate the variable and fixed cost elements of the annual cost of truck operation. (round the "variable cost per mile" to 3 decimal places.)
Answers: 3
You know the right answer?
Bret company sold 3,000 holsks during 2018 at a total price of $12,000,000, with a warranty guarante...
Questions
question
English, 07.04.2020 20:03
question
Chemistry, 07.04.2020 20:03
question
History, 07.04.2020 20:03
question
Mathematics, 07.04.2020 20:03
question
Mathematics, 07.04.2020 20:03
question
Social Studies, 07.04.2020 20:03
Questions on the website: 13722367