you have 30 minutes to complete this assignment. SHOW YOUR WORK OR YOU GET NO CREDIT. I will not be here Monday. you quizizz code is on canvas.
Answer:
Warranty liability $2,128
Explanation:
680 phones sold x 5% x $76 per repaired phone = $2,584 total warranty liability
6 phones were repaired during the year x $76 = $456
remaining warranty liability = total estimated liability - money spent repairing phones during the year = $2,584 - $456 = $2,128
total outstanding warranty liability = $2,128
Since phone warranties last less than a year, the full amount should be recorded under current liabilities.
Answer:
Sales for March, 164 * 15 = $2,460
Explanation:
According to the accrual system, the purchases and sales are recorded when they occur. When compared to the cash basis, they are only recorded when actual cash is received or paid for them.
For March the transaction of 164 units has occurred and thus this sale will be recorded.
Sales for March, 164 * 15 = $2,460
This is the revenue recorded for March under accruals, for cash this would have been 0.
Hope that helps.
Answer:
In 2006, the estimated economic cost of alcohol-related crashes in the U.S. was around (including monetary costs and insurance claims) was $130 billion.
Explanation:
Alcohol Related Crashes: According to United States National Highway Traffic Safety Administration (NHTSA) traffic crashes are considered alcoholic crashes if the driver has Blood Alcohol Concentration (BAC) of 0.01 g/dl or above.
Traffic collisions have become of one of major problems for us as they have are the major cause of death for all people ranging from the age of 4 to 33 year.
Yes, that is true. Span of control is the area that these employees take responsibility of tasks. And, when they are self-managed they depend on themselves only without supervision and work together.
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- Dotz
